I grew up here and for the last 10 years I've worked for a Fortune 200 company in a completely different industry.  

It's tougher to get cash flow upon move out these days but if you're patient, willing to do some work, or live in lower cost/fringe areas you can make it happen or at minimum put a serious dent in your housing expense which is still a win in my opinion compared to renting or buying just a primary home.Also if you're a bit short on cash, make getting a seller credit part of your financing strategy.

If you don't own any real estate...why not start with your own primary home?

Unfortunately, this is the primary reason I do not use third party vendors for rent payments, and I have posted on here a few times about this (usually when someone posts about a fraudulent clawback), despite the throng of enthusiasm for the continued use of these methods.Each one of my tenants is given a pre-designated bank account (idenitifed in the lease) to which they deposit rent. 

@Michael WentzelNever seen it done per property but you see in different states so that can make a difference to.

My experience in Ohio (it may be different in your area) is that if the bank brings the forclosure, then they 99% certian to bid on it unless the amount owed is lower than the opening bid. 

Strategies that worked for you, things you would've done differently, or anything else you'd be happy to share.Thanks!

These agents differ from those who primarily work with homeowners looking to buy or sell their primary residences.

I want to build this niche to be one of my primary income generators.Already networked and known within local REI community.

Different strategies call for different procedures.