Something will be pretty unobtainable for me starting out.

The low price of the land and the fact that it is right next to commercial development would be red flags for me.  

Since I am working every day to find new leads it's not possible for me to check upfront to see if I have a good probability of hitting the right address based on public data on the first mailing When I get the returned postcard I utilize different methods to see where did the owner go.

So just completed a home/termite inspection on a duplex, found termite residues (State of NC defines it as active termite infestation), there is minor noticeable damage on the shoe molding on the floor but no signs of wear and tear on the wall but I nor the inspector cannot tell without ripping apart the wall how bad the infestation is- the seller is willing to pay for a termite extermination but my concern is how much damage these termites have already done on the inside of my walls that I cannot see- is there a termite expert professional I can hire to inspect the home more in depth during my due diligence period or anyway for me to get a peace of mind for this matter? 

That is better for me than a direct hit on Miami/West Palm. 

Download your State landlord tenant laws so you are prepared. 

I think that keeping it as a homeowners policy would have presented more problems than moving to the correct form. 

What's better for me?

Both are technically correct, but because the adjective form can be used to describe any property that is tenant-ready, it can be used in discussions of REI wherein the investor finds the prop themselves and hires a PM, like you're suggesting, which is more of DIY method (ok, not completely DIY, but more so than in the definition below).

It started as simple forms to help me, then before I knew it...My suggestion is to follow the reverse engineering steps I laid out above, then when you get to the beginning, turn around, and "follow the breadcrumbs".I saved the most important rule for last.