Attend local meet-ups and try to find someone who has house hacked to see what works in your market.

Inflation is in general bad for the lowest people on the totempole which is someone what counterintuitive. 

Setting up something like this in a bridge loan to take on some of the rehab could be the best way to go, but most will want to see some 10+ experience to really get what you are hoping.Do you have someone with some "experience' in that space who might do a JV?

How would I go about finding someone to help run these out of area leads and we could work out some sort of split if they could lock up the property and find it an end Buyer.

I don't like third party managers, as the best I have ever heard from someone is "they are fine" but most stories are much worse than that.  

If you are paying rent and are on a lease or giving a check to someone every month.

These transactions are overly complex and typically never end well because the exit is not thought out and if someone wants out etc. what do you do.If I were to do one of these I would buy it in a LLC so its easier for one party to exit, especially since financing is involved. 

.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.

I read on one of these forums, where someone was looking for creative workarounds to avoid a down payment, the suggestion to purchase via seller carry, then immediately refinance after closing, which I understand would pay the seller immediately?

I know there is a lot to learn, and the learning curve is steep, but I am excited to jump in.Hi Clayton, I'd recommend that you look into Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.