Jay, I'd be extremely interested in following your story on this. 

What we have seen in 2007-2009 financial crisis was a extremely rare situation where both the real estate and stock market crashed together.

I happened to stumble upon this site and find it an extremely useful resource.

asking if anyone knew of a way to sell a house without having to clean, make any fixes, or basically do anything.I emailed him to tell him some ideas, and it turned out he lived very close to me in an extremely desirable suburb.

That's why I think paying $8,000 right off the top is a little extreme not to mention it will cut into my profit considerably.

It is extremely difficult to manage a large number of single family houses.

I know it's not a get rich-over-night scheme and I am fully committed to taking it one step at a time while working extremely hard to speed up the learning curve.

what are your buyers looking into (networking is extremely important).I am also a realtor in Pasadena so I have the network full of realtors.

@Brandon Sturgill  Also, I don't know if you were just throwing a number out there or not but I would think 2% vacancy would be extremely difficult to achieve. 

@Leslie Phelan   true foreclosure buying and flipping is capital intensive to the extreme...IE buying at court house steps auctions rehabbing and reselling.I like your idea to work for a company that does this and learn the ropes and make contacts and get paid to learn.YOu may want to get a RE license as well..