So, after exploring several options, we just have to hold until our home is completed and then we can look at purchasing rental property. 

Hey Jake I defnitinly like having the option having private investors but I have yet to acquire them.

It is a very tough market and renters have a lot of options.

Franky,Feel free to send me an email I can help with evaluating some options.   

More interested in land contracts and lease purchase options enough /without needing a lawyer each time.The properties are worth about 150k each.

You can always do it with your own IRAs, however your employer's 401(k) may or may not have such an option.

There just aren't a lot of options in my area, and my kids need to live close to their dad. 

If you are just starting it sounds like house hacking may be an option for you. 

I grew up in WNC and still have family there so that is an option and even have placed offers on cabins in WNC to make an STR but nothing has panned out yet for something like that.

Option 3: Find a better investment at this time.Stop thinking of yourself as a real estate investor and start thinking of yourself as a well rounded investor.Pay off your mortgage: Your money is not working for you when you spend it on liabilities like a personal residence.Buy Rentals with little/no cash flow: You are speculating what a rental will be worth in 20-30 years.