IMHO, a more effective and longer term approach is to work with local trades and businesses to hire and train local youth to rehabilitate distressed properties and reintroduce them back to the community at affordable prices.

So since i am new do you think it is good to purchase properties that are  distance away from home. i know its very expensive where i currently live but i also checked out homes from different city and states and there really cheap. i wanted to take approach on these opportunities.

Any ideas on how to approach?

However in general the approach provided should yield the biggest return in 1 year.  

Ten properties valued at 250,000 each is going to be a different approach to properties valued at 50,000 each.  

I will say this would be the first for this type of approach, so thoughts/comments are welcome!

I like the 3rd option  you mentioned with private lending a lot and i love the FHA loan rinse repeat thing Jay mentioned , i see both as being the most realistic approaches for me.Thanks so much and will do! 

Any ideas on how to approach?

I sympathize with them and thought I would approach them with owner financing with a 5 year balloon.

. - We do a Q & A session at the end and answer all the questions that are asked As you're raising money I highly recommend this simple approach as I've personally seen a benefit and confident you will too.