Probably 90% of sub to / seller financed transactions involve purchase price ABOVE what an investor would pay having to obtain new institutional financing or paying cash.  

I haven't, however, found much info on them as an institution so looking here.

as mentioned above i would find a househack property in need to cosmetic upgrades that has below market rents. make the necessary upgrades (ie. appliances, flooring, paint, laundry, fixtures) allowing yourself to bring the property up to market rent standards and increasing the rent.I'm not too familiar with the market/properties in MI but in central MA we have a lot of triple deckers that are 100+ years old.

I reside in Massachusetts and have recently taken on the role of landlord for my parents' house as they have aged.

my partner and I own 300 units in MA and RI and roughly 100+ in Worcester.

Also, I reccomend looking into meetup.com and joining MA investing groups on Facebook.

I have a 3 family under contract in central, MA. 

Hi Jared, I`m a college senior and I am looking to get into this space is this a viable option for when it comes to creating financial freedom?

Big enough that you aren't competing with newer investors/house hackers but small enough that you aren't competing with institutional money.

This tends to eliminate appraiser incompetence and requires adherence to guidelines set by the Appraisal Institute.