These are all random thoughts. 

AND you generate more income.

Next, find some way to generate income that you can use as a down payment.

For example, a 12% return from a Transient type property might generate the same net income as a 3% return from a Permanent type property.

can it be looked at as a way that some wholesalers use as their ONLY method of lead generation and is that even viable? 

If you're living in the property, rent is decreased or non-existent, affecting the property's ability to generate income.RESPA rules are real and have a purpose. 

I have started to build a small personal network in FL and feel that, under my current financial and professional situation, this area presents a great opportunity to take the first steps and start creating generational wealth.Thank you very much for your time,JP

The taxpayer or a disqualified person may guarantee some or all of the obligations of the EAT, including secured or unsecured debt incurred to acquire the property, or may indemnify the EAT against costs and expenses (for example, the taxpayer could guarantee to fund any negative cash flow generated by the property).c.

This is how previous generations would use there money to make more of it. 

Say 5-15k, and would generate a decent cAsh flow, for sure will need higher budgets for repairs and capex.