I also plan on eventually becoming a member of CTREIA once I can afford it.

and eventually, you can move out, buy your own place & rent out the 2nd unit.you can go on here for help when things get stressful.

If they want all cash I would drive them down much further in price for dealing with the headache.Let's say you bought at 62k and it eventually sells for 85k.

. - My vision is to buy their homes with cash to eventually flip.

Find a credit union, go in there and make them fall in love with you (because they will eventually give you your first loan).

Eventually traded for an 11 unit apartment building and got burned.

This option gets me more money (if it doesn’t foreclose), allows more time to sell but still eventually has the risk of foreclosure.3)I help the owner pay for some of the repairs, create a loan for compensation, list and sell partially rehabbed for maybe a little higher price and hope it closes before the bank finishes the foreclosure.

Eventually you will generate your own parts warehouse.

Hard money is a great tool to leverage, and is a nice stepping stone to establish a portfolio to eventually setup using private equity.

Welcome Joe Lane. since you said you eventually want to mentor others a great way to start is to share your experiences with others here on Bigger Pockets.