I lived in Steubenville in the 1980's and owned a Section 8 property with a detached 3 car garage and apartment that created positive cash.

I am trying to venture out and buy my first single detached house to rent, rehab and sell.

“All the adversity I've had in my life, all my troubles and obstacles, have strengthened me.

Did you look at the detached one-bedroom efficiency in the back?

You need to buy a detached condo in East Austin or South Austin for the same price and not pay any HOA fees. 

Just be mindful of the two obstacles above.

I understand what you are saying, and I don't want to hijack David's thread anymore, but having young children is only another of MANY obstacles you need to overcome.

I was thinking of equal capital/labor requirements from both myself and partner, yet my biggest obstacle is understanding the proper way to have 3rd party investors develop interest in our development projects, while allowing us to be prime holder on the property itself. 

I have talked with multiple lenders in regards to this and because of the many moving parts of banks wanting to only lend on the land and not on acquisition of actual POH mobile homes itself this often provides and obstacle for financing which is why so many are sold on land contract.

Some will, some won't. it really doesn't mean much, but if it's an obstacle, you need to do it. good luck.