That being said, having your license and having access to the Multiple Listing Service (MLS) will only be of benefit to you in your investing career.  

Also, being that Florida is a common vaca destination, you also have the opportunity (depending on your state/local ordinance) to turn them into short term rentals (like AirBnB) to obtain an even higher returns!

If they come to you with multiple accounts in collections, they are coming from somewhere else.

So I have $30k to invest in the market where houses are going for around $30k but my problem is I want to buy multiple properties but no banks will finance deals under $50,000.

I have read multiple books and also attend REIA meetings regularly, but I wanted to reach out to the local and larger community on here to see:*Where are you all finding the most success locating motivated seller leads and also buyers for those properties who can then become a consistent purchaser?

I've had multiple people come and need a full remodel.

I also specialize in flipping Tax Deed Land Lots, Multiple Choice Offers and Seller Finance Rentals where both the Seller and the new tenants pay me which leaves me with a little cash flow while I wait for the mortgage balance to go down and the property value to go up during the 1 to 3 yr Seller Finance period.

I specialize in Wholesales, flipping Tax Deed Land Lots, Multiple Choice Offers and Seller Finance Rentals where both the Seller and the new Lease Option tenants pay me, leaving me with a little cash flow while I wait for the mortgage balance to go down and the property value to go up during the 1 to 3 yr Seller Finance period.

If I were in Bruce's market, which I think tends to be more steady/less volatile than mine, and could get ~1.2% rent yield in a nice neighborhood on what I'm guessing is a couple hundred thou for a duplex and had the cash on hand to fund multiples simultaneously, I'd prefer his strategy all day long ... he still has "the need for speed" by the way, when his units are vacant and in disrepair, he's just flipping to the rental market for a year rather than straight to sale :)In my market, SoCal is notoriously manic depressive for one, so your tax savings could be greater than stated by holding for that extra year if the hot market tanks taking your capital gains with it.

Filing for eviction costs the landlord some money, and if you have multiple tenants on the lease, it will cost a little more.