Here are my takeaways for anyone sitting in that same position I was in 2.5 years ago: 1. 

We saved monthly for over a year and in the fall of 2018 we purchased a half acre of land with a 1990s model single wide house trailer on it for $15,000 from a local real estate investor who had abandoned the project after letting it sit on the MLS for a year at 40k and needed money for another project.

@Adam Cade @Conor Shea I'm going to comment on this, even though @Jon Lallande is sitting downstairs in my kitchen.

That's a tall ask for that kind of financing from 5 different people in my opinion, I would first try to figure out if they have a loan on the property, if so it is unlikely they would accept zero down payment as they'd have to keep paying the mortgage which realistically is going to be more than 3% so they make 1% on their money which is less than it sitting in the bank. 

You should sit in on these conversations.

Those sitting on piles of cash are getting crushed by inflation.

The house sits on about 1 1/2 acres and has an incredible view of a beautiful golf course hole.

But you have to weigh the amount of opportunity cost if you are sitting on your property for 3-4 months trying to lease it on your own vs paying a commission. 

If I buy 6 more rentals (available loans I have currently after selling some off) and sit on the properties for say 7-10  years, I project between principal pay down and cash flow after increasing rents over that decade will be $1,500 a month combined per each of those 6 properties...9K a month just for THOSE new purchases.

I am a one of those inspired newbies sitting here wondering where in the world I should begin.