You are (older/retired) and could benefit from house hacking and buying a duplex, or renting a room.

Don't buy those types of homes, they will take a long time and not sell for what you were thinking it would sell for! 

You can find decent SFHs in the $150k-$180k range that can cash flow if you buy right.The challenges?

Ignore seller finance for a second...Can you buy a house, put 20% down...yes.

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

Investment Info:Single-family residence buy & hold investment.

That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.  

It'd just be a shame for you to sell a building and pay tax only to then reinvest your net proceeds after tax in buying your first pieces of investment real estate.  

He claimed if he didn't get the money he could not buy supplies to complete the job, which would be done in a week(I knew this wasn't true). 

Myself and a friend are looking to get into investing in buying hold single-family homes.