Take your time, be wise, and time will reward you. agree 100%. you have people here on BP who have been in real estate for 20+ years and always talk about the risk and how hard it is - and then you have people who will tell you that after a weekend of a month you can make six figures in real estate. 

I was able to figure out that they had come upon some hard times and were significantly low on cash.

Anyway.. carry on I am sure you will figure out what works..

@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

However, a few things you could do: You could talk with them & learn more of their story to figure out why their credit score is low as well as the type of people they are.

Now, you need to figure out how to find deals and pay for them.

I got an estoppel agreement filled out to figure out lease terms, etc.

You don’t have to figure that out on your own.

I've purchased Joe McCall's coaching and used his Lease Option Strategies and made multiple 5 figures through his teachings alone.sorry you had a bad experience @Ryan Phu, but my guess is that it would've been much better if you got a deal from it correct?  

If you need any help running those numbers or figuring out your options, don’t hesitate to reach out!