I sold the property to a teacher at the school for 187,000.

You can email invoices and enable merchant pay (3% fee to you if paid online), discounts available if you process around $7,500 a month.

I am a teacher so I am under a repayment program where I only pay 10% of my net income for ten years and it is forgiven.

I love what Landed (www.landed.com) is doing, starting off with a focus on school teachers so they can afford to live in the districts where they teach.Something I'd love to do when I have the resources is establish rental properties that are affordable based on one's income across the board, e.g. rent NTE 25% of take-home pay (or 30% of gross monthly, or whatever makes the most sense).

Your W2 job will enable you to obtain loans to finance your properties.

The South Korean Teacher's Pension fund, or the entity managing your Roth IRA, or whatever, that buys the mortgage backed security wants the safe asset paying a steady ROI, but doesn't want to deal with consumers directly at the point of origination.

Economist Richard Thaler was awarded the Nobel Prize last year for articulating what my kindergarten teacher knew instinctively -- to encourage people to behave in a certain way, you add gold stars after their name to reward their good behavior.

IMO they have difficult jobs but what I tell my clients is that it's like substitute school teachers.... you don't know who you're going to get and you don't know what kind of mood they are going to be in. 

Totally non-original story...my husband and I both work full time (I'm a teacher) and we're interested in real estate investing.

You can layout the cash for portions old construction and be reimbursed by the hard money loan.This should minimize the amount of cash in the deal and enable one long term mortgage at the end that takes all your cash back out.