Not only paying them above average returns (15% annually w/ 3 yr hold) but also teaching them about financial freedom looking to create more streams of income apposed to piles of money ("Rich Dad , Poor Dad") In terms of financing , I was blessed enough to connect with my older brothers high school friend whom I knew was an entrepreneur for quite some time.

Several people offered me the money, including a high school friend who I hadn't spoken to in 20 years.

The school district is a prefered school district, it is close to the water/beaches, close to the military base and it is cheaper (for now - in some areas).  

@Scott T.if I had to pick a place that would work well better than most would be Oklahoma City, Cleveland, Pittsburgh, places where rent and income are in good proportion, also the best school districts in those areas will fill rent to own homes faster than not good school districts

Basically, we are talking about the west side and this is where most of the commercial development in Bloomington has occurred in the last 10-20 years.However, despite all the development, the west side elementary and middle school districts in that area still aren't that great. 

My Agent is a friend of mine from high school and she's great.

I lived in it when I was in grad school.  

And pretty much it IS my house -- son's benefit is experience, growing a great credit history, and getting off the school meal plan. 

My partner and I are in a similar situation - both about to finish grad. school and looking to pick up our first property (3-4 unit) this year via 203k-ing into a distressed property in a B/C neighborhood in the west suburbs.

My Agent is also a property owner/manager and happens to be a former High School class mate of mine.