Be on the lookout for non traditional deals.

You may be in an area where many people work for the same company lets say that has in that area traditionally employed a great number of people and then suddenly laid off a high percentage of their work force and perhaps allot of people in your area will be motivated at that particular time to sell their house and move on with their lives.

Having an agent help you find  a buyer who will qualify for traditional financing may be the best way to go for you.

When you talk about buying a 2-3 unit in Logan, are you referring to a traditional sale?  

It isn't likely that you will get a traditional lender to take a chance on you with scores and report info like that.Try to improve your credit score.

I have a great attorney who is experienced with many of the "no-traditional" realty transactions.

@Aaron Pfeffer you traditionally wouldn't want to hold it as a wholesaler because that is not their desire.

Traditional advice is to never buy and hold real property in an S-corp.

http://www.biggerpockets.com/flip-analysis Make sure you account for Realtor Fees, Closing costs, Taxes, Insurance, Utilities, and rehab costs.I'm in Denver so you'll have to check the expenses in Miami but if your example house above was in Denver, your 180k example will have roughly 18k in closing costs per traditional realtors and title companies and 2k in insurance and utilities depending on the length of the rehab.  

The traditional financing options typically require a 20-25% down payment on a multifamily even if you are living in it.