I've lived in Fishers/Carmel my entire life and know the market well. 

Quote from @William Weston: I'm Christian and believe everything in my life is actually God's property, entrusted to me to watch over.

I’m looking into the flipping market and trying to understand more about it since that’s what I want to focus on and do in my life.

I understand that nothing in life is free.

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

Yes, there are exceptions for significant life events (job change), but each individual must meet the FHA loan qualifications on their own, and the second loan must be for a valid reason, like a job relocation or other extenuating circumstances.

I am a mother of 2 and trying to get into this to save up college funds for them when they grow up so that they too can chase their dreams in life.

Real-life reps, to me, means seeing properties in person, whatever your asset class. 

@Nathan Johnson "Our savings are minimal, since teaching isn't very lucrative and life is expensive."

It's been 2.5 years since I purchased my first property and now that everything in my personal life has slowed down I'm back on the horse and ready to find my next investment.