I get 4 to 5 leads everyday but had no experience how to handle it.

He is a contractor who does sub work for high end custom homes here (his primary trade is finish carpentry) though he can do the gamut of tile, drywall, siding etc)  I'm also capable of a lot of this work though I work better assisting someone else, some I can take the lead.  

After doing some research, I've found a few resources in www.coverwell.com and some craigslist leads.

Also, what is the likelyhood of this happening, and where do I aquire the leads, contracts, buyers Leads, etc...

I recently got a lead from direct mail that just didn't make much sense to buy and hold as a rental.

The newer retailers who've moved in have undoubtedly looked hard at the same things, so following their lead should be safe.  

Options not punishment: They will eventually not pay, which will lead to eviction.

I first got started in a network marketing business (still am) and that lead me to Rich Dad Poor Dad book (that my dad had recommend a year earlier and I blew off).

That's what makes the idea of a 2 unit interesting to me...there is a separate entrance already into the basement: you walked by a locked door that leads to the upstairs 1/2 of the house.

Use digital marketing and direct mail for leads.