Seller Finance QUESTIONS (I THINK)

[Antonio Evans]

This interracial couple I met today inspired me. First off, Im new to this thing. Secondly, I'm trying to learn the different strategies and techniques to real estate investing. The couple just started and already have 4 properties. They aren't financing the homes with banks. They are basically rent-to-own and just paying the seller every month BUT they are staying in the homes themselves. They find vacant homes and get a contract with the seller. Fixing the SFH up and renting out "THE ROOMS" to different individuals. Mostly traveling workers. They do the renovations themselves and they aren't licensed RE agents.

Im so interested in this strategy I told them I'm going to ask them a lot of questions but I brought it to the BP community because you guys have more knowledge of this. They said they are helping people who don't have time to renovate the homes and won't an income every month while they do the ground work. What is this strategy called and what are your thoughts?