You then get your brokerage set up with whichever realtor board you want (most likely CAR). 

@Lior NoachBRRRR comes down to the specific deal, there generally isn't a "type" that is going to automatically be a candidate just because it's in foreclosure or whatever. 

I said to myself, "You know what, $200 covers my car payment every month!

Are there any tools that can automatically do the steps from 1-3? 

So maybe this is my " fear"   Cars, boats, personal home, and investment properties I like to own fee and clear. 

Driving for dollars,advertising on social media,attending local rei meetups,word of mouth.If you have some funds to invest you can use bandit signs,car advertisement such as magnets,check your local county for a tax list,propstream or even deal machine.

I want to buy a new car.

Almost nobody knows the comps for their cell service, their car insurance, or their health care insurance.2) make sure they are on MTM or when their lease expires, until there’s nothing you can do. 3) find out the local/state requirement for notice to increase rent, maybe go even farther out to avoid a winter vacancy  4) be financially prepared for the tenant to move out and spending thousands to make it ready for the next tenant while it’s vacant for a month or two (especially in the middle of the winter.)5) be absolutely confident that you’re right about market ent so you don’t spend thousands lose rent to vacancy and possibly get a lower quality tenant to make an extra couple hundred per month.

Even if you don't have a car, walk for dollars.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.