This year we plan on doing several spec houses assuming we can get financing lined up.

- What do you recommend as my game plan to land my first rental property within 12 months? 

It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.

- What kind of plan are you buying?

Despite its awful reputation, I see great potential due to its proximity to key attractions.I'm reaching out to ask: Are there any plans to revitalize this neighborhood?

Also I'm planning to move away in 4 years ish (aiming to go to Central Florida, but it also can change).

I bought a primary residence house last year which I am not planning to house hack.

2) You did not ask for a PAYMENT PLAN IN WRITING WITH SPECIFIC PAYMENT DATES & AMOUNTS AND COPIES OF PAYCHECKS!

If you plan on living there a while, an extra living space would be great, but if you plan on selling it soon, I don't think it's a great investment of your time and money. 

Plan to re-fi down the road and create entities then to put it in, and fully keep it separate.