I am interested in purchasing a single family home for a buy and hold deal that would produce 8-10% NOI, and 20-30% appreciation after 5 yrs or so.

Jacksonville might produce lower cash flow than those other markets, but is a really well positioned for continued appreciation (job and population growth - trulia just named #1 US Market to Watch https://www.trulia.com/blog/trends/american-dream-2017/ There are any number of other markets too for cash flow.  

You can do so much, i started reading about it, and just fell in love with this theory, that buying several houses that produce cash flow, gives you a semi-passive income.

Victor Nelson I am curious how you would make the previous owners willingly produce a quitclaim deed?

Last thought (other than going to court to request a stay and asking the court to require the bank to produce a payoff, as mentioned above), is you can find the bank's attorney info in the foreclosure papers and see if they will cooperate in getting you one.

The deal should produce two outcomes 1) a rehabbed SFR that I can either flip or rent + although currently it is 1 deed there is a separate adjacent lot included which I would want to carve out and sell/build.Appreciate any ideas on how to secure this outside a SDIRA but then close inside it.Thanks, Bernie

Everyone is saying to prepare...buy primary and secondary assets (resources, land, precious metals, real estate, ownership in businesses that produce those resources, etc.), and stay away from tertiary assets (stocks, bonds, 401(k)'s, etc). 

Networking, bandit signs, direct mail, networking, auctions, driving for dollars and some MLS listings will produce results.The key is quality and consistent.

For over 20 years have been initiating, producing and managing digital media products and projects.

Additionally, I'm in contact with an HGTV producer to have my own episode of a vintage home restoration show.