It will cash flow $3,500 yearly and $4,700 yearly if I initially manage myself.

Was it the initial disclosures you received?

Louis; once a property comes on market there's a lot of initial interest.

From what I understand I have to be hitched to a broker initially.

You might consider combining lists for your initial campaign - for instance use both Absentee Owners with Equity and Seniors with 20+ Year Ownership – maybe even combine these with Financially Distressed.

I have gotten the initial investment capital from Do hard Money, Lending company.  

The buyer I had lined up before listing on MLS found my house FSBO on Zillow so I thought listing on MLS would generate more traffic.

Initially the Seller and I were going down the Seller financing route with terms: 20% down, 30 year AM, 5% with a 7 year balloon. 

At 20% down, you could theoretically control $670,000 worth of home value with your 134k down payment. 3b) If you could find properties that meet the 1% rule, that would mean generating $6,700/month in rents vs the $1,300 you have nowThat's how I would recommend thinking about it! 

I would tell you to talk with your agents in your local office and see how they generate leads.