If not, what is an effective source that would enable me to take action?

A little bit about us:I am an investment funds attorney, and as such I have a lot of experience reviewing and understanding investment materials (PPMs, LPAs, etc.) from a legal perspective, but this will be my first engagement in the business side of investing and my first time evaluating deals for myself and my family.

@JD Martin I want to just make it a steady surcharge so it's effectively rent, that's what the monthly automatic payment will be.

Real estate brokerages in their training of agents claim this is the most effective lead generation although I think I have the odd demographics of people I know who aren't even in houses to begin with.3)  Get more lists for idea 1 by targeting houses in forbearance; divorces; and probate.  

Would advise to proceed VERY cautiously with buying a Class D rental as your first investment.We like to think we do a pretty good job with Class C rentals, but we couldn't effectively manage Class D.The only investors we've seen "successful" with Class D are those that go by their rentals 3-4+ times/week.

I am always searching more effective systems and/or patterns.

Does anyone know if these same tools on here would be an effective resource for a commercial property analysis?

If you are doing much of anything else you are effectively brokering the sale of real property which is regulated in the US, i.e. you need a real estate license.As far as a real estate transaction goes, in brief:  get an offer accepted, enter and finish attorney review, now the property is "under contract" to sell, complete any due diligenence (e.g. inspections), get to closing...Since you are selling the Right to Purchase, you need to have a contract first. 

Assuming you would like to go with a conventional (maybe a FHA 203k would be a good option here), you will need to engage with an attorney and with a lender.

Hello Fellow Rookie,Every design is specific to how you want to effectively utilize the square area and your budget, which city are you looking at and what is your for renovation budget?