My next venture is a groundbreaking new concept that yields higher returns than any rental real estate deal I've experienced.  

I believe this is the same concept that is seen with www.realtyshares.com @Tyrone Green

They seem to come up with some impressive ways to change houses to the "open concept" that is popular these days.

(Seller like this concept, but does not like being in second position)Seller indicated that they are not in a hurry to collect all the money.

Someone brought up a concept I had never heard of before, 7702 plan. 

You will need to understand the concepts above so that when you approach a private lender or a hard money lender, you can explain to him, why your deal works. 

Can someone please post the link to the right threads to go cover the below concepts, I am not quite finding the details I am interested in hearing more about.So you buy a Note for cashflow (for the exercise, it's a new PN).

The best we can do is make ourselves available, and engage our kids' minds in our endeavors as much as possible.Instead of trying to make your kids into RE investors like yourselves, teach them the concepts of pursuing passions, setting goals, and making deliberate choices to attain those goals.

While a valuable concept, we don't see this coming up in the short to medium term.In the meantime, here are some great ways to network locally in order to meet investors local to your region:1) go to www.biggerpockets.com/meet and search for investors near your zip code.2) be sure to use keywords in your post including local city and state names (you used Akron and Cleveland, which is a great start) - investors are scheduling alerts for these keywords and will be more likely to see your post if you use them appropriately.3) set up those keywords yourself and connect with people that invest in or are interested in your area.  

Risk is a tricky concept.