If this is an older home, the 12 month expenses of $1430 does not appear reasonable (the actual may be much higher).

In this instance the judgments (20+/-) are already issued, now its a matter of collecting while the individual continues with their training programs and buying loans.

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

An uneducated eye may think that's a silly statement because there appear to be a ton of listings in Detroit.But many of them aren't worth buying.

Sure the site is a little out-dated in appearance but it is so user-friendly and although it isn't my highest producing lead source, I do tend to get very strong leads from there and no spam so far. 

For first-timers, leveraging programs like down payment assistance or FHA loans can make a big difference.

This means 20-25% for a down payment, and it has to be your money that you're using (verifiably in an account that belongs to you).Though there are programs that lend up to 90/100 to first-time investors, those programs usually don't work in Maine due to the rural nature.

You even graduated from IU so you have access to some awesome loan programs from IUCreditUnion.Keep your job and connections to buy a house, then rent out rooms to traveling nurses. 

@Christopher MillerDid you take his program?

There are options via the Positive Rent Payment program (Fannie Mae) to do so.