I have MLS access and I look at REO's and auctions regularly but I have to admit i am stuck.

I specialize in low income housing around South Phoenix, so if I wanted to build a 3000/sqft fourplex I was looking at $300k(Plus other costs) for a building that would bring in maybe $500/month before maintenance costs.If you have access to people who can see a development project all the through, where it actually brings in decent cashflow let me know.Good Luck

@Samuel WhiteYou may be able to access around 80k of that equity with a HELOC, if your parents will sign for you to allow the property to be used as collateral. 

If you've got the capital, or access to it, I've got a team built for flipping houses here. 

I cannot tell him to send a message with any questions or decision to email address I don't have the access to.""

Pros:Strong cash flowMajor affordable housing shortage in the countryBarrier to entry - zoning prohibits new parksPride of ownership - the residents own the homeLower operating costs - the residents own the homeLower touch - the residents own the homeSticky residents - costly to move a homeEasy to raise rents - costly to move a homeRecession resistant asset class - affordable rentLarge private equity funds are entering the space - drive prices upMom & pop ownership - opportunities to improve NOI and valueLower entry cost per door - less capital neededCons:Not sexy - smaller resale pool (but that's changing)Stigma - some counties try to stop operations (poorly operated parks, criminal activity)Stigma - some people don't want to live in oneLower credit quality residentLess appreciation potential, unless forcedNiche investment - helps to have scale to properly operateMany banks don't understand it - tougher to financeOlder assets in many cases

One that can make the space spotless while also making sure you are good on inventory (toilet paper, paper towels, coffee, etc.) 4.

In that case, I would think the seller or seller's agent would need to be the one to facilitate access to the house to allow your due diligence (ie: estimating rehab). 

Did you set up a bank account that the tenant has access to?

I have access to theMLS so I do not need to be forwarded listings from there, but we are looking for a 15,000 square foot lot (minimum) zoned commercial in Los Angeles for a client to expand his business on.