Current plan is to save $ for a down payment on an investment property for the next year while I shore up my knowledge on the business and the local market.

I will add that while neither was purchased with the knowledge and full analysis of being an income producing property, the area is strong enough to support the homes as such, and we will even be able to have a (very) small cash flow within the first year. 

I’m here to gain as much knowledge as possible, so please connect with me and drop some advice and strategies and do’s and don’ts!

While I always love the enthusiasm of young investors, I really appreciate the wisdom that comes from those few extra years in the trenches.

I encourage you to ignore the naysayers like @Josh Stack said and drive forward understanding that yes, while you are taking a risk, it is a calculated risk and one based off knowledge you've gained via someone who is actively and successfully doing this type of investing. 

Becuase there is a cost for even using your own money or private money, you can actually offer the seller more if its cheaper to do subject to, and give that extra to the seller.

Remember, you are creating an extra tax layer and you should speak with your tax professional about the added cost.   

I could live in a place like this but I reallt don’t need the extra space right now.

So there’s extra liability on the GPs when allowing sophisticated investors in. 

Thank you for your time and attention and the timely response along with the extra yard to get my post back up!