How would I get my hands on such data?

@Mark Ferguson To me, transitioning to RE was like getting another Master's degree; about two years of hands-on learning and research is needed and most folks are just looking for a shortcut; gurus offer that - or at least promise it.

Once you discover how to do this, you will be handed key after key that unlocks how deals are made (not found).

I don't have first-hand knowledge but see http://www.biggerpockets.com/forums/92/topics/73036-harbour-portfolio-lp for more on Harbour Portfolio.I'd talk to a title agency to get some clarification on the tax status and ownership of the property.

It's also a great way to have a judge knock off what they might owe you or hand you a bill.

Part of the reason for this is because I decided I wanted to go hands on.

Ill get my hands on all of the books too.

A bird in the hand.....:)

A straight option to control a property is one tool, the lease option for you or handing it back to the seller is another tool, sometimes you let them join you in the deal and that is a tool.

I know that I want to try my hand at flipping because it seems extremely challenging and rewarding, which is right up my alley.