A wise investor will not try to get rich quick with shortcuts.

If you keep an open mind to house hacking meaning renting out part of your home or renting out an in law suite NOT just the traditional multi-family sense of the word, options expand dramatically.

A wise investor will not try to get rich quick with shortcuts.

Yep I am slightly confused… there is no downpayment in a traditional foreclosure.

That's why I like this traditional ML approach, we leverage lots of data to inform our decision about which house is seriously "undervalued"I have a couple of questions about both of your approaches though, will be interesting to compare them!

Now, it seems like the goal would be to keep that property in the long run, so you would want to Refi that in a few years when rates come down and you again can qualify for a more traditional mortgage, but there could be a path to getting around $100k and taking the next few years to focus on banking cash flow and possibly expanding.I know, it's a bit out of the box, but if we were just blue sky talking about a solution, it's possible. 

Once done with that book, I'd say next is "the" REI book, Rich Dad Poor Dad. 

Personally, I stay away from the mainstream trends where everyone who is priced out of traditional long term rentals are now trying to rent out a room or a whole house on the daily. 

If we go with a 30 year fixed traditional loan, how do we get legal protection?

Roam buyers save up to 50% on monthly mortgage payments compared to those who buy a home with a traditional mortgage at current rates." is what the company keeps on pushing out from a PR front, but it just sounds suspicious to me.