The capacity exists to build hundreds of thousands of homes per year that directly benefit low-income areas. 

Their prices are too low in my market among other reasons.

Has anyone personally used credit cards to purchase real estate?

I have been trying to build my credit, i spoke to a couple of lenders, contractors, been reading some books from this platform but yet i need a push as to making the right decisions, i will much appreciate if someone will reach out to help, thank you.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

[Should i target a low priced property to reduce the amount i need to borrow?]

Jennifer - If you have vetted the prospective tenant thouroughly (i.e. credit check, income qualifications, etc.), you shouldn't have to worry whether or not you sign them up for a 1-year lease or a month-to-month. 

I have one myself that I funded after selling my SF home and once I set up my policy, I took a low, simple interest (5.5% for me) loan that I then used to purchase a 4 unit MF; now I'm using it to fund the renovations.

Your best bet is going into small multifamily, and going for the low money down. 

That seems very low.