Forbidden is strong definitive word. 

Definitely check out multiple options!

I think the ability for the lower cost places in the midwest to 'cash flow' has been way, way overstated.If you know a market well though, that's definitely an advantage.

It’s definitely not rocket science to do. lol

You should definitely wait so you can leverage an FHA loan. 

In our limited experience being on our own, finding the deal of course is the hardest part and is definitely a “it’s who you know” kind of deal.

@Shwetha Pindikuri,Assuming an FHA loan with a second mortgage can be tricky, but it’s definitely doable with the right lender.

Looking to network with local investors, etc...will definitely keep my eyes open for any local meetups!

And there is definitely ways to structure a sub to deal to protect yourself a little better as a buyer but the problem is and will always be that the lender isnt in the loop with this and can call the loan at any point which puts a lot of risk on the sellers willing to do this method and the buyers who are investing money into these deals.

It is definitely a two or three gun area!!