To learn the local market - I would start at the simple things and work up from there.

Is the plan as simple as just getting a multi with FHA or are you trying to specifically find on that is foreclosed or being sold short?

Does your lending institution hold the paper on the mortgages you make or do you sell your paper to a secondary market and who might that be?

They hold some of their own paper, and like to lend to local investors. 

Hi BP Members,My question is simple (I think).

I am going to help you out with a simple solution check out : (3) Secrets Everyone Needs to know about using a 203k loan for more information on the 203k loan, loan process and how to build the right team for success.Good luck to you!

Easy to find with a simple google search.  

Jim,  Thanks for your comments/questions.My plan is basically very simple, to just double the number of doors each year.  

Texas has a very simple foreclosure process and as a result allows investors to invest in foreclosures with ease.

When using it as a downpayment, the banks never even blinked as long as we had a paper trail as to where the money came from and our DTI still looked good.