The reason for investing in real estate is to enjoy life a little more and working 80 hours/week will make you wealthy quicker, but will also make you gray quicker.I have a full time job and a side business giving tours (admittedly not as time consuming as your side-gig as a realtor) and I have to be sure to set aside time for my lady.

Plus, in rehabs, you can usually get out quicker than spec buidling so your exposure of time is smaller.

Time on your hands is a good thing in this business and the sooner you get involved the quicker you will reach your goal.

In my county, there is also access to tax information, so you can see if the owners haven't paid their property taxes and how long they have owned the home.I have gone to LOTS of open houses in the areas that I've targeted to get a sense for what is out there now and I use Zillow to track when the houses that I've seen have gone under contract to get an idea of what finishes are appropriate for each area.So, try to use what you have now to do some analyses and see what you find, you may find that you already have access to everything you need now in terms of data.I'm thinking of getting my license to get me into houses quicker, write offers quicker and not have to pay the percentage to sell the house, but I have found all of the data I needed is available online.Good Luck!

So down there ill get my money quicker.

On a flip there is a quicker return.

I know that some banks are quicker than others.

I am basically looking to acquire property quicker than having to save a big down payment and a large amount of reserves, I of course need reserves but I don't think I need 40k or more just to get another property. 

These are things that have always been around but because we were blinding by subprime and conventional financing, we never bothered to do some homework and research our surrounding areas and cities.CalHFA and FHA is what I call smart lending and is much better than the conventional financing and extremely better than subprime.You see CalHFA and FHA aren't new programs, these programs have always been available, the problem is that subprime and conventional was a faster process which led those brokers and agents that wanted to make money quick, well they picked the quicker and less "strict" route.Do a search on CalHFA and FHA to find out more info on how first time homebuyers can receive 100% financing, down payment assistance, and with no minimum credit score.Yancy MartinReal Estate Finance

Quicker calculation:Income                          $1900Expenses                      $950 (50% of income)Debt repayment            $1245Cash flow/month           ($295)