It will allow you to obtain financing at a low rate and you might have some cash left over to pursue other investment opportunities.

I'm new to the area but am motivated, organized, and ready to learn. 

You do this so that it lowers your monthly payments and allows you to improve cash flow on the property.

He asked me to take no commission and then we could put an occupancy agreement in place to allow us to move in to the home that weekend since we had no where to go.

When it comes tax time, everything is organized for you.

Six months after closing, the property is now renovated and occupied with new tenants, allowing me to make a profit of over $400 per door.

With a WordPress site, you own the hosting and most of the content you just use their CMS (Content management system).This allows you to be a bit more flexible with the places you host and how exactly you market you site, unlike the sites like Wix or SquareSpace.WordPress also makes it extremely easy to manage any leads, integrate new plug ins and really add valuable features to your site.Here is an example of breakdown costs:Wordpress Theme: $5-$50 (One time)Hosting from HostGator: $5-10/moDomain name - Namecheap: $14/yrCustom email address - Google Apps; $5/mo.MailChimp - to collect the emails and allow you to send out emails to a mass audience: $10/mo. or FREEYou of course don't have to do everything here, but it's a good example of the costs.

Please allow me to know what is the best way to find notes to buy.

Do not cut any corners to make something look better.Always do the math analysis and try to look at the prospective properties before you make an offer or at least have a clause in the sales contract that will allow you the time (about15 days) to make a detailed inspection of the property and possibly back out of the deal without a penalty that will hurt you too much.  

I'm from montreal myself and would love to attend a meetup if one were organized.