Also, there may be some tax benefits if they can qualify for federal funding based on low income. 

Now he says he is negotiating nationwide deals on materials that are priced so low the quality is non existent.

It takes a certain level of QB knowledge to set it up correctly.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

Forgot to mention:knowing the rental laws and having a solid lease is a must--a level 10.I love @Drew Sygit post and list! 

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

Chris is a high level note investor, he has that network.

I suggest you start with developers in your local area (your county and neighboring counties level) because they would be your most likely partner or parcel buyer. 

It is not low cost.. you need 7-8 rooms per house to make it decently profitable. 

Quote from @Josh Dickson: Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk.