Putting money in a 529 for college and getting tax free earnings but investing outside of a 529 to keep some flexibility in what money can be spent towards.

This seller is motivated and sounds really flexible on her price, she started at $25k but seems even more flexible when I recently spoke to her.

Sooo I lost my job in September and over the years have heard soooo many tiems that real estate is lucrative and has a flexible schedule. 

My personal goal is to create an income that will allow me to enjoy freedom and flexibility of my time as opposed to trading me time for dollars.I am looking forward to gaining invaluable knowledge and making some great connections.

One of the best ways is to make sure that your option is "assignable", which means you can sell it.This gives you flexibility in case you have to move or you can't get financing.Another way to protect yourself is to "record the option" at the county recorder's office, which basically "clouds" the title, preventing the seller from selling the property.Legally, properties can be sold "subject to options," but just recording your option to purchase will help protect your contract with the seller.Another way to protect yourself as a buyer on a lease to own is to use a third-party collection company, like www.notecollection.comThe note collection company will take your money from your bank account, and pay the mortgage company their PITI payment that the seller is supposed pay every month. 

I explained to her what the values were in her area, and unless she was more flexible on her asking price, then she would continue to experience the same results as before.

They are going to be able to be more flexible with you than the big banks.  

Since they are holding the loan in-house they are much more flexible.  

Its CREATIVE real estate, you've got a lot of flexibility on how to structure things.On a sub2 you take ownership of the property "subject to" the existing mortgage. 

Both can result in a flexible and secure investment with minimal market risk.Tax Sale Defined further...A transfer of real property in exchange for money to satisfy charges imposed thereupon by the government that have remained unpaid after the legal period for their payment has expired.Tax sales are authorized by state statutes to collect taxes that are long overdue to the state government from negligent or unwilling individuals.RequirementsAny sale of real property for delinquent taxes must be conducted in compliance with legally imposed requirements, or it is not valid.