Today exists another opportunity that only the enlightened few will be able to take advantage of.

Only you can decide what works for your goals and only local market knowledge can enlighten you as to the strategy's viability.If I was in your shoes (which I'm not, so ignore the foregoing) I'd take out a HELOC and do some flips.

I've found the rental property calculator pretty enlightening so far.  

@george gammon that was a pretty enlightening writeup.

Getting involved is much more enlightening and fulfilling than just observing, so welcome aboard!

Maybe even more so if the sellers need to move right now--FHA loans typically take longer to close because of the heightened requirements on the property, and are more uncertain to close (if it doesn't pass the FHA appraisal/inspection, you're just not going to be able to buy the property).

Could you spend a few minutes enlightening us on who you are and what you've done?

There's alot of knowledge to obtain as we're getting started, and finding a good mentor for help enlightenment & guidance would be great. 

Someone please enlighten me, for someone looking for something affordable to own. thanks in advance!

@Anthony Johnson Read this Anthony:"Investing in Real Estate With Lease Options and Subject-To Deals" Wendy PattonVery enlightening.