Limit your holding costs. 

Unless you find a lender that would give you a loan with no income then you would be limited to friends/family/or current resources. 

At the end of the day, neither are effective without understand how they work and their limitations but if used correctly they can be used in conjunction with one another.

An NBC News measure of home buying difficulty shows that Hennepin County, where Minneapolis is located, is the second-easiest county to buy a home in compared to the seven counties adjacent to it — even though Hennepin is the most populous county in the state.”Great damn job Minneapolis!!!!

I have limited knowledge of Sub To deals, despite Pace Morby's excellent efforts to make Sub To well know (Sorry, Pace, it's me, not you!) 

Hi Romie - Some lenders may offer no seasoning requirements, but there will be limitations regarding the value used or the allowable LTV.

Keep reading and learning here on Bigger Pockets and the sky is the limit for you.  

I think your off-base on your reno budget working with best case scenario and/or limited knowledge.

This will help you get familiar with the process of buying and managing with limited risk.

- What measurement do you consider 'low' when measuring water pressure?