Going this route is more involved and that makes it more costly too.

Here’s why:Affordability: You can find solid properties here well within your $200k–$300k budget.Cash Flow Potential: Indianapolis has a growing population, a diverse economy, and relatively low property taxes compared to some other midwestern markets like Cleveland.Investor-Friendly: Indy is landlord-friendly with strong rental demand, especially in neighborhoods near downtown, universities, and revitalized areas like Fountain Square or Irvington.If you’re open to a strategy involving light renovations, there are plenty of opportunities to add equity and boost rental income here.

There's many other options in real estate such as syndication and note investing depending on your level of involvement. 

Prayers to all involved

There is so many ways it can go wrong and being a greater negative for parties involved. 

I've never done one personally but my understanding is it involves the home being put into a trust, with the sub2 purchaser buying the trust from you.

As others have said, you will get lent more money usually with rehab involved than on a straight acquisition loan.

I read the fine print and found that the 90 day guarantee and how to get the $1,000 invested back involves actually sending him 2 qualifying deals.

If you want to build equity quickly, some level of hands-on involvement is key.

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.