If you want to build a business get some capital and have a reserve like 6 months personal and 6 months business.For chunk cash, I would do lease option assignments, bank 50% of the money,  and pay down bad debt (student loans and credit cards) for the other 50%.Buy and hold investments when you are broke is hard, you need reserves.Remember to take 40% for Mr IRS.And @Bill G will say it is not your option money (that is assigned) until the deal is finished (option exercised or nullified).But I disagree.

I am now ready to put it in practical exercise but will also need a team and a knowledgeable Investor friendly real estate agent in the area.

I fear you haven't gone through the exercise (or haven't led on that you have) and not doing so puts you in the dark.The 1% rule is a bunch of nonsense at this stage, and no one cares if you're hitting it or not.

I'll be exercising patience and hoping for miracles in the meantime.

All the hour, 2 hour long youtube videos are informative, but still don't give out 100% of the information as they are just one long teaser for some guru promotion.Also, would it be profitable and wise to incorporate yourself a profit in the backend of the L/O as well, as is done in a sandwich lease option, where you get paid when the option to buy is exercised at the end of the lease, or is it much wiser, less liability, and outweighs the risks to just collect your option assignment fee in the beginning and move on.Thanks

Listen to every Bigger Pockets podcast on your way to work and home and every time you are walking or exercising.

Same exercise but bigger dollars.

But maybe structure it so that some or all of the rent and option fee are credited to purchase if exercised. 

I want to help you have information to make your decision, but really don't want to spend 10 hours working on a detailed estimate only to have you exercise your termination option.

A good exercise for anyone is to call every single small bank is available, and see if they will do 80% loan to value on acquisitions.If you have a business plan that shows that you buy fix and hold, and you only want 80% of value in a reasonable interest-rate, they may accommodate you 10 20 or 30 yearsJust search for portfolio lenders that will work with you has a lot to do with two things: one is your persistence and two is how organized and professional you areGet a business plan that shows that you're for real and show every single deal you've doneThe alternative is to get private lenders that will lend you 80% loan to value in long-term