I plan on consulting with legal professionals about this, but wanted to throw it out there in case there are other ideas I should think about. 

So many people casually throw around examples of finding houses with 50k in equity after rehab, etc. 

Hard to analyze @Dexter Harris, the cap rate of 40%+ and ARV section at 15k are throwing me off.

I know this is a question that needs to be answered by my CPA and RE attorney, but I wanted to throw it out here just in case.Thank you for any knowledge!

I did not want to throw away a ton of money for rent while attending school.

If your rent is significantly below market, your landlord might throw in $20K or $30K toward your down payment.

I imagine Biden will push to throw more money into the failing school system, so logic would say schools would not need more local revenue, but of course that will not happen.

So to sum it up: the clowns on the right are going to work on giving big corporations all the handouts and unfettered power they've ever asked for and the clowns on the left will throw money at poor working people and both sides will continue to do exactly what they're doing right now: screwing over the small business owners that really drive the economy so we're ALL going to be screwed in a couple of years.

Depending on the property I also throw in $50-$100 in the miscellaneous line.  

Step 2 - Hunt for a fixer upper or a duplex to house hack & turn your current family home into an asset that throws off cash- I see nothing wrong with this part of the plan.