Was browsing Craigslist and found what seems to be an authentic ad from a motivated seller.

When I search for how to start an account, I get all sorts of information about how great they are...

I listened to Clayton's podcast this weekend, and got really motivated by his strategy.  

I am sort of new as well, but my 2 cents would be to not pass it up but very skeptical.  

I've looked at every video imaginable and have the motivation needed to take the next step.

I am profiting by performing the repairs(contractor) and lending the money to do it.This would not geared towards motivated seller, but just sellers with houses that need work.How can I create a model around this idea?

Obviously this is enormously risky because you'll then become liable for those violations and fines--but I'll explain below why this might be at least a conceivable option, if you are buying with cash/not a mortgage.Second, more than likely, if you're getting a mortgage on the house, your lender will more than likely want to see some sort of CO or CO equivalent (in Union City it's a "No CO" letter)--regardless they probably wouldn't give you a loan if they know that there were outstanding fines/violations that perhaps exceeded the value of the house!

My systems of investing was called "Trial and Terror", my motivation was "Fear of Poverty".Now after 47 years of Trial and Terror, I still find myself learning about and perfecting unusual alternative financing and acquisition of properties and developing commercial real estate methods.We are developing two buildings on Charles Street now into, what might be, the largest Night Club in Baltimore.

It's really motivating to hear your story and how you did it. 20k would have been great but I'm sure 12k and experience you'll take on with you to the next project. 

I have always wanted to start some sort of business and in the past few years I have started to form interest in real estate.