A word template will have much different layout and criteria than what Real Estate Investors need.Maybe I haven't come across it yet, but does someone have a Real Estate Investor Business Plan Template as an example that a newbie could review or model when getting started?

The buy houses guys don't do those.Their business model is based on high equity fixers.Many other suggestions to find that first opportunity I am sure.  

@Joel Owens' suggestion of a master lease + option fits this model.

My model would necessitate a price of $300k on your asset.

Virginia,I'm with Curt and Belinda, Frank and Dave's model is strong.  

IMHO, the real risk to the real estate market are issues outside of real estate, such as our just-in-time food delivery system, energy, geopolitical issues and above mentioned issues.

In my business we tend to follow a particular business model.  

Not because I disagree, but because I think you're in such a place in your career/life that you don't quite fit in the general model; drop everything and jumping right in.After working with clients that were exactly where you are now 5-10 years ago, and what i see that is common between all of them is a strong advisory board.

We were two years ago, but our model has changed significantly to better serve our investors.

Even if they did know what they're doing why on earth would someone want to restrict their business model to investors in a single state when they're doing business online?