-CharlsiThere is already a massive charity that provides housing to single moms, (among others) it's called Section 8. 

You can't invest in any transaction that involves an immediate family member, you and your family members can't benefit from the investment in any way (directly or indirectly), and you are not allowed to provide any services to the plan; all transactions must be "arm's length."

@Anthony Bratina I read the responses above and just wanted to provide some clarification in case it was helpful.The actual term "second home" means something specific in lending.  

@David B.Mortgage note investing Not correlated to interest ratesCan provide steady cash flow Can buy older loans with low loan to value

To clarify, are you looking for a lender to give you a loan or more of an investing partner to provide the capital equity while you provide the "sweat equity"? 

We're able to provide other benefits as well.

Working part time for a private real estate investor, while not the most desirable experience, can still provide the experience, expertise and know how needed to succeed.Raising investment capital from passive investors is always difficult initially.  

It has provided multiple 6 figures in equity since. 

Your CPA should provide the details.

There are some missing pieces of data needed to make an in depth analysis from where we sit and give you more sound advice, however I own/manage property in Tampa which is a highly producing market and:- With $300k to play with you can acquire a $1M property or more which does provide the best cash flow- On a $1M acquisition and $200k (or less down possible) you can achieve 10-30% CoC returns, likely 15% inclusive of management is possible.- Do not forget about appreciation, which is where the real wealth comes from.