I almost failed to mention that this deal will lead into at least 1-3 more similar deals (as the sellers are very close friends to our family and they want to work with us vs.

I am in the process of taking calls and acquiring leads and I have yet to do a deal so I am just asking questions as they arise to make sure all my ducks are in a row. 

How do I get the leads?

finished my reading and research and right now forming my plan of attack. i seriously want to not drag my feet on getting out there and start learning the niche! im looking for a few starter tips on researching MLS as...

Do you know anybody that could lead me further in the right direction? 

I've not done door knocking but I've heard from many that it brings the best strongest leads.

It's not likely you catch a bunch of leads today but you might open the door for seller financing options in the future. 

If you start driving massive amounts of traffic can you handle the leads? 

I would shy away from most properties with high delinquency rates for a variety of reasons, namely that this often leads to other, deeper issues including special assessments, higher increases in condo fees, deferred maintenance, etc.  

Kijiji (the craigslist of canada) has very few 2/1 properties which leads me to believe that they get scooped up quickly.