Also, you'll find out that there are numerous ways to put together deals even if you don't have a lot of money.The key to being and staying successful in this business (as in most businesses today), is to get educated and keep your knowledge up to date as the market changes.

Offering some sort of education piece to those who lend to you may help attract more people wanting to lend.

Sure, with a paid off house you might always have shelter, but you can’t eat your house, or buy clothes with it, pay for your kid’s college education or even your utility bills.

I plan on buying subject to and sellng on LO (rent to own) and either bank or seller (me) financing on a wrap.I strongly suggest everyone super educate yourselves from the above list in parallel with your marketing for sellers (the challenge today).How do you find sellers who will via negotiate rent to you while you get financing,,,, then you convert that "yes" into selling via leaving the mortgage in place (subject to):- Listed and long days on market- expired listings- For sale by owner in zillow (look for the click filter for FSBO) and craigslist.  

Get educated on rehab.

Get educated on rehab.

I would encourage you to getting educated with the group home process and align with an agency before you venture on your own.

However, if you haven't, you need to get educated before you jump in.

Depending on your skill level, your plan can achieve significant return, but be prepared that it will require more effort than other options.Good luck and I wish you the best at saving for your children's education.

Second, you should be educating yourself on real estate investing through books, podcasts, articles, blog posts here on BP and elsewhere, and by networking with other local investors.