Most people selling properties are not professional investors.

No offense, but telling people "that's not a good way to do it" and nothing more seems like a little league coach who tells his players "you're doing it wrong" but then doesn't give instruction of how to do it better.

(YAY - I love people becoming biz owners).   

Get them out and start with leases and only rent to people that you have screened. 

Typically people think FHA because it's what's thought of as the least amount down which is commonly the goal when we all get started.

In the end, people rely on internet for all sorts of things and you want that to be reliable.

If you have any questions feel free to send me a message and I'd be more than happy to help you get connected with some of these other essential people as well. 

Not the cash flow play a lot of people expect. 

FHA gets a bad rap because sellers and many agents think it's only for people who don't have the money so if I had 20 percent, but wanted to use FHA, I would present a proof of funds with my offer showing I have more money, but am using the FHA as a financial option so I can get an investment property as well somewhere else.

My 2 cents is prices are crazy inflated right now, but believe it or not I think it will continue because of continued demand pressure for the area from people fleeing higher cost of living areas and moving there, with access to 87/17.