We are in the process of buying an REO in NJ.

Currently in the process of studying for the test.

I am currently in the process of getting my Florida Real Estate license.  

I am simply looking to add value to the process in any way possible and expect zero compensation--only experience. 

During this time I've also been managing a property of a friend through airbnb and have liked the process and want to start on my own, now that I also need to have a place to live in.My question is, with 10K in the Miami area, can you buy or at least use one of the next options as a way to start: sign a contract of a rent-to-own with a lease optionseller financing or I've even heard that you can also buy a property with not a lot of money in foreclosureIs one of these a way to start with 10K cash and no credit built?

Once again, I may be off on that thought process, but I don't know what the advantages/disadvantages are.Thank you for your already informative post,Tom Kuhen

I also highly recommend you read as much as possible about your local municipal process and the laws in your state.  

I was also told the entire process for approval is a quick, automated process once the co-adminstrators have been given the ability to list the property - 24-48 hour electronic turn around process.

Are there more for real estate for wholesaling and rehabbing and even buy and hold process?

The foreclosure process is when yo dispute the claim, not after a verdict.