Going to reach out to friend who is a realtor to see if she can pull some past sales within a 12 month period.

If youre willing to spend a little money, use listsource to pull recent absentee owner purchases for the past 6 months.

Fewer pull the trigger.

Given this, I now have real life numbers , and can now look at what my best options will be 6 months from now ( in June of 2016 ) , to continue my pursuit in purchasing Rental Properties.Here are the stats on the Property I just had appraised / will be closing on in 2 weeks .Purchase Price is $68,000  ( includes my all in cost ... repairs, closing, down payment, etc. )The Appraisal come back on the property for $108,000 This gives the property $40,000 in EquityThis will be an Owner Occupied property ( Primary Residence )My goal with this property, is to Hold on to it Long term, and use it as a Rental property in a year or so from now But my short term goal ( what I am wanting to do ) is to do a Cash-Out refi. at a LTV of 80%   (  or roughly $21,000 that I could pull out in the form of cash ).... 

I will have my VA pull their information from the MLS and I use Podio & Globiflow to send these agents Text Message & Email letting them know I have property that their client might be interested in.  

Who knows, he may even be able to help with the acquisition and renovation portion.One other thing: Have a septic inspection done before you pull the trigger.

I don't think he's trying to pull anything, but this is unfamiliar territory to me.

I have not contacted the homeowner yet.I am looking for the steps necessary to pull off one of these deals. 

I'm not "branded" to one niche, I can pull a deal off from many different directions, apply the strategy as you find the circumstances of the owner and property.

If I can find a good deal today, I would pull the trigger.