Driving in neighborhoods looking for vacants or for sale by owner, also putting in random addresses in the tax appraisal looking for owners with different addresses who have own their home 8 or more years. example 1111 investor rd. and I check every owner address that starts with 1111( its time consuming but thats how I got my first deal and its free). 

These are rough areas and the extra "cash flow" you'll make (I'm using that term ironically) will likely not compensate you for the stress.  

Its ironic the you are probably sitting on "Acres of Diamonds" and dont realize it.Btw, we just were awarded another deal in Dallas that we will start raising capital on soon, can talk to you about it if interested to learn.

I already have substantial business and consumer credit education from the REI education to which I'm connected.

I've DIY'ed a cast iron clawfoot tub in a rental 3 years ago and a fiberglass shower pan in my home 1 year ago.Both came out decent.

.- You must disclose to sellers that you're licensed and must have them sign the Mass Mandatory Licensee-Consumer Relationship Disclosure the first time you meet anybody to discuss a specific property.If your real goal is investing, I'd consider not getting licensed.  

So in other words its pretty time consuming to figure out how much a person has left on their mortgage?

I think that it did serve that purpose, but it is time consuming to keep doing this. 

The issue is suing people is expensive and time consuming.

It is a strong tenant and contracted to be there thru the end of 2017.The real question here is... how challenging, expensive, and time consuming will it be to get the property leased - if I invest heavily in the reno.