Sounds like an easy way to lose your seed capital and your reputation to boot. 

Fill in the numbers as needed:1 - PV = $100k2 - DP = 10% = $10k3 - Fund LLC $10k4 - Offer Seller terms on $90k (int % and years)5 - Hold until cumulative CF equals DP6 - Sell LLC for 20% of appreciated PV (there's your profit)7 - Seller still has contract with LLC, but LLC has different ownership, therefor...8 - ...the New owner of LLC has exact same terms as the old owner, which means the exact same CF9 - Rinse and repeat, only you now should have twice (in seed money) what you started with, so...10 - Repeat actually means you are doubling what you started with in Step #1.11 - Repeat again when these two reach Step #6, and you double again ( now = 4 times what you started with.12 - Continue repeating every Step # 6, doubling the previous doubling, and you have your compounded return.1073741824. 

I used part of the "cash like substance" as a DP on a 10 CAP NNN where the NOI covered both the Debt service on the NNN and the interest payment on the NLD.The rest of the money (now free seed money) I reused multiple times over for flipping, adding the profits to the original seed money...expanding it to twice the original amount.Then, taking the profits and buying NNN for cash flow, while repeatedly reinvesting the  same "original seed" money to infinity...generating a continuous flow of profit to buy Cash Flow properties.Through all of this, I never spend a dime

The semi gloss made it so that the texture couldn't be soaked in order to easily remove it.

The student renters that I inherited that didn't have this kind of discussion with are the ones that leave furniture everywhere, oil soaked garages, freeze out the AC units, etc.  

What I'm not sure of is whether I should make a small Rental business, using the money as seed capital to secure a larger line of credit (and therefore buying more rental properties).

Im jealous for the ones that started in their teens, lots of knowledge to soak up that early.

thanks for the great replies. i am soaking up all i can here on bp, but the post lack the real ABC's of things. there is not question that they are informative. i feel i might benifit more from all the great infor here if i solid knowledge of basics. any tips on which books, ebooks, or other resources that will help me accomplish this task?

Let that soak in.Don't loose the fire... but if you don't have a money to loose ... immerse yourself in learning.

I will try to soak up other little tidbits to guide me as well!