I would take these actions to get started:- Research and read forum posts on the subjects you are interested in.

The 2% rule basically says that for rentals you should be able to rent out your house for 2% of the purchase price each month, i.e. for a $100,000 home you should be able to rent it out for $2000/month and the 50% rule basically says that over time 50% of your monthly income will go towards expenses (i.e. taxes, insurance, vacancy and repairs) While im not sure that the 2% rule is necessary for SFH since joining bigger pockets i have found that most serious investors dont operate on less than 1.3% and that the 50% rule can be cut to 36% if you are managing it yourself as roughly 14% goes to a property manager (but you should still want to pay yourself as a property manager) i would recommend reading the beginners guide it has a lot of helpful info on this subject Nick

The sale is subject to the seller's approval which means it may or may not be sold for the bid price you see.

You can get owner financing, buy subject to, use partners, private money loans, hard money loans, etc.

I looked up the property on the Charleston county site and found that the owners address was the same as the subject property.With MLS I have access to a different tax site (CRS Data) that lists the owners actual mailing address.

I've been doing AdWords for 12 years... if you have an AdWords optimization process you can transform your account generating a $300 per lead into an account that generates $30 per lead or less... of course it's still subject to the competitors in your target location.most of the post here are old.. so I'll leave it at that if someone is interested in new info just ask and I'll try to answer.

@Tiffany H.This is a humongous subject that could take volumes of pages of discussion.

Michael Wentzel is there a local attorney that you know of that is comfortable with the paperwork involved with "subject to" purchase deals?

By looking at county records I know the mortgage is probably at around $125k and am considering offering the seller a "subject to" purchase offer.

You can not make payments toward the purchase price in rents or finance the option price without SAFE Act issues again.Then, instead of making any purchase payment, set funds into a savings account in your name saving for the purchase to meet the equity required to purchase in three + years.Check with your JAG office in GA for legal advice on any arrangements.If you won't be living in the property in 3 years, you could form an LLC and purchase as a commercial transaction avoiding the SAFE Act at that time, subject to changes and current laws then, again, ask JAG.Thanks for serving!