I definitely want to avoid breaking any laws or to even have my integrity questioned; I just want to make sure that I don’t miss out on an opportunity to invest.

I've been doing research into how to do it and as far as I can tell the process is that I pay off their missed payments and then do creative financing like subject to or owner financing with the owner to get the property.My question is, can I still buy a Pre-Foreclosure by helping the owner to pay off the missed payments and then get the property subject to if there has already been a Notice Of Trustee's Sale?

Draws are due on the 25th for that month and payment ( after inspection) is made on the 10th  .. if they miss submitting the draw then it gets paid the next pay cycle. 

I was previously in San Angelo and had a great group of investors that were meeting regularly but have been missing that since I moved back to Abilene.

Know what ROI/CoC mark you're shooting for going in so that you can identify when something looks like the "perfect deal," but also make sure you know your minimum return metrics so that you don't miss an opportunity to generate wealth just because the deal isn't "perfect."

The best time to buy was after the 2008/2009 but you missed that and many of us did.

Since this is our first project like this, I'd love opinions from those with more experience...do you see fatal flaws with the strategy, are we missing the boat on anything huge, etc. 

I'm just feeling a little anxious about missing the opportunity to sell it and make a large profit.

I want to bring a partner in to mitigate risk and also cut down on the amount of capital needed to fund the deal, since most of these homes are in the 650-750 range.Is the logic sound here or am I missing something on how this loan could work?

That said, you do miss out on some of the benefits of a brick and mortar brokerage you might find, in my opinion.