@Daniela Reyes In addition to your local REIA, check out groups like AAPL (American Association of Private Lenders) and go to lending conferences (AAPL has one coming up in Vegas, PitBull does some...).

From my understanding so far, and i might be wrong, the buyer sends the owner a check/payment for the property and owner finances the property while the buyer decides what he'd to do with the propery wether it be flipping or renting etc.

I've got two recommendations for you to check out.

As for the remote locations, I've considered Indiana and Michigan because I do a fair bit of traveling there for work and know that I'll be able to check in on the properties periodically and meet with my team on the ground. 

Thank you for the welcome and advice I am going to persue the owner occupied loan, I am a veteran so I’m going to check into using my va loan though it does have certain requirements.

I always check how long the house has been on the market and what the average listing time in the area is.If it’s been on the market for a while chances are the seller listed too high and will be more open to taking a lesser offer.

Check out the Chicago Creative Investors Association run by Jane Garvey.

Note: I am aware of online applications like cozy that makes sure they fill out and pay their background/credit check but the applications for those types of software doesn't cover everything I want to ask and Brandon suggested paper applications is the way to go so it being my first rental I'll follow his advice on that but I just need a robust way of doing it.3.

Check out the nearby members and network https://www.biggerpockets.com/meet , it will help you a lot to find partners that can help you out in investing.

There are a lot more rules than I covered here in this post but double check everything against the handbook.