Yes, if you disclose things properly and have a proper agreement it is possible.The tricky part is what if you miss the mortgage payments or no longer want the home.

I'd love to develop a clean, open, legal, and comfortable win-win situation for these sellers. 

As you get more sophisticated you can set up proper LLCs and other entities with the help of a lawyer.

I'm also hoping for the opportunity to help out fellow investors so I can gain some of their insight and learn along side them as they develop their portfolios.

We have been flipping and assigning contracts in Columbus, OH and are looking into development. 

Get insurance and an attorney  or other professional that can help you develop an asset protection plan. 

My biggest struggle right now is trying to figure out how to properly estimate repair costs, so any suggestions there are appreciated.I have been thinking about taking the leap for years, and have finally set myself up to be in a position to do so.Can't wait to see where this goes. 

I am investing in a military and college town with many manufacturing plants as well as plethora new business developments.

They are just harder to find and structure properly. 

So I"m just learning about self directed IRA and it seems there's quite a few possibilities that is available if I can properly use this strategy to buy real estate.