So you'll either need to get lucky that: George.com is still available (or something random like that), or you need to build a highly trafficked website, which may not be so profitable since the odds of failure are very high.

The old money is not generating any returns at the moment.

Update: this house mentioned here is in the historic Russell neighborhood, which I did not know until 3 people contacted me randomly about buying it.

I am a mechanical engineer by trade and want to generate alternative cash streams.  

If this process is less than worth it, what recommendations do you have to help me generate the capital needed to get my first flip under my belt?

For example, I pay $2,500 for 1/3 of 1 medium sized zip code (so that one average zip code is generating around $7,500/year).Therefore, if Realtors go away, they lose almost all of their revenue and their free access to highly accurate listing data.Will their be disruption over the next 10 years - absolutely.

Every time my wife and I went to a RE office and sat down with an agent and discussed what we were looking for, we ended up with an agent that would just email us any random or new listing on an almost daily basis.

@Bhavna Chopra Honestly with a budget like 500k you should buy a small apartment building 20+ units out of state somewhere or invest in 10 50k properties that would together generate a large monthly cash flow that you can use later on the fund more deals.

Let say you generated 30k before the foreclosure is finalized.  

I know that the commercial sites don't generally allow you to resell their data, but I generate my own data from public sources (eg: government web-sites).I use the data personally to assess the market, generate trends/leads, etc, but I was thinking the other day that other people might be interested in the data.Thanks!