I've also reached out to my own attorney and CPA, but it's nice to get different perspectives on it.Thank you in advance!

Are many of those homes sold in Chula Vista freshly remodeled, sold by an LLC, and purchased for all cash just a few months prior ... if so, those are flippers and it may be a good place to flip.

Would like to see perspectives from fellow investors on the following:1.

Fresh out of undergrad and without the prospect of a career job on the horizon, I took the plunge and moved from beautiful Reno/Tahoe to Knoxville, TN with the woman that I was dating at the time (now wife).

My second question is, how can a kid fresh out of college who comes from a family with nearly no money be able to afford some of the down payments and beginning costs of most properties?

I don't like to get over leveraged (working in creditor-debtor law and seeing people ruin their finances for decades will give you that perspective).  

Secondly, how can a kid fresh out of college who comes from a family with nearly no money be able to afford some of the down payments and beginning costs of most properties?

For someone in my position starting fresh, would this opportunity be best realized with respect to cash flow with a creative owner financing type of deal with 10% down or with a conventional 20-30% down being that I plan to you use property management in every deal?

@Brandon Hall @Scott Vance I viewed the transaction from the perspective that the property was worth $50,000 and my parents gifted me $42,340 and a loan of $7,660.

The couple is fresh out of college and appears they've never had their own apartment(s) aside from college dorms, if that.