It just takes time to develop that relationship. 

I currently work as a software engineer and with the reduced expenses I would like to get into REI to get out of the rat race.

He also has some online software that will comb through all the data and just present you with a list of likely candidates. https://www.distressedpro.com/Hope this helps,Les

I've thought about contacting the owners of the rentals that are in poor shape as well, to see if they want to sell.On a side note, any chance they've been recently purchased by a developer?  

I am growing rapidly, and trying to develop lease renewal strategy.  

I think one of your first steps may be to try and talk to a local Civil or Surveyor.Too often I see many clients who look at a development opportunity and don't have any real understanding of the issues surrounding actually developing.

I just finished a major remodel and development in Austin so now we have time.

Many new developments coming up all starting at not less than 300K for the smallest of houses!

Tacoma houses in the 100k range typically need significant rehab to develop into long term low maintenance assets.

I would divide my money into three categories equally.1) Flips and Urban Townhome/Rowhome/Skinny Mini Development in hot areas and lowest priced areas, but on the development structure so you pay zero for the land and don't finance your soft costs.2) 1.5% to 2% Cash flow rental properties using BRRRR in B class areas.