I understand the savings are at most around 10-15% as all the finishes are the same but I'm trying to get the cool factor and rents that go along wit it.

SBA wit some seller carryback.

Personally, I do not have much experience, but growing up I have witnessed my mother purchase a few rental properties in New York.

Yes, you should even touch on options, rights of first refusal, leases, required disclosures and what rights are actually conveyed under different types of transactions.Like I said, at least 70% of every question asked here can be answered from these basic areas of RE.That is what you get with a real RE education, knowledge that, by a prudent person and more than a half-wit can apply in any type of RE transaction that gives you the real advantage over clowns to your left and jokers to your right.It is absolutely not about access to the "secret" side of the MLS!

I think the best thing to do is both 1) Get a real estate attorney and 2) get an expert in the mechanical disclosure that's a fault to serve you as an expert witness. 

This is a passion for me and I am at my wits end trying to do it on my own.

If you're planning on getting an FHA, you'll have to put it on your name, as far as I know, is for first time buyers so a Corporation wouldn't qualify.A Corporation is a good way to cover yourself against any issue you may have wit your tenants (e.g. lawsuit..).Also, it depends on how deep you want to get with REI.Hope this helps a little,Good luck!

I am a CPCU and as such I have expert witnessed in 3 trials exactly as this goes.

One of the biggest misconceptions I witness time and time again with investors is regarding their ROE (Return On Equity).For example, if you acquired one of your SFH for $100,000 and paid all cash (Mortgage Free) and we subtracted your expenses at $2,000 from gross rents of $12,000, you would have a NOI of $10,000. 

Now on derivatives, any half wit or better in the financial investment sector will ALWAYS speak to the significant risk factor and volatility to ANY derivatives investing, ANY.