I just wanted to supplement my retirement, not get rich LOL. 

Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check. 

I hope to have enough success to one day enable my wife to retire early from teaching (such an energy draining profession). 

Only the rent boards know when one of the unpermitted units they've enabled to persist burns down.  

I'm not quitting my day job either.....just one property at a time for now, as supplemental income.By the way, I had never heard of Bigger Pockets until I started searching around to see if other people were doing this….then I stumbled onto a modular flipping article by Mike LaCava.  

In my area, most of the properties that I've been looking at don't work out with the numbers for cash flow unless I can get it significantly under market price.I'd encourage you to read the Ultimate Beginner's Guide that Paul pointed out.Also, you can enable alerts and add keywords that you're interested in by going tohttp://www.biggerpockets.com/alertsAnd there's always some great articles at:http://www.biggerpockets.com/renewsblog/

We are estimating and hoping for a appraisal of around $130k after everything is completed when we go to refinance again.Like I said when i started this thread my goal is to get into rental properties to help supplement our income.

I enabled it but it doesn't seem working.  

Now, I don't necessarily want to just walk away from a great career, instead I want to supplement my normal income with passive income.

There are many reasons but just to list few - economy of scale (more scalable, all the expenses will spread over a larger amount of the units), financing you can get a commercial loan with many advantages (assumable, options for supplemental loans ..etc).