You said the initial applicants didn't have jobs or savings?

Just initial talks w my civil, I think we can get 40 pads or so.

Bottom line, initiate the transfer of funds from Federa back into your bank account and contact your bank immediately to initiate a dispute.If anyone actually got to partake in an auction or got their money transferred back into their bank, I'd like to hear from you. 

As for capital, I will be utilizing my HELOC for initial fund on first deal.

Initially we thought we would flip, but now we're thinking of holding and using the equity for future investments.

I have a $250 fine in my lease specifically to address neighbor and/or City complaints and have the tenants initial beside it during the lease meeting.

The property is a full rehab, possibly more, and originally had restrictions from Freddie Mac requiring buyers to live in the home for at least a year, so I initially passed on it.

I think that the tax perks from having a rental make this more attractive than it might initially seem, but I have only done some quick internet searches, so I could very well be overestimating the upside and underestimating the downside??

(some money may still be available from the initial $10K investment.)

Also is there any restriction like time period (at least x months after initiate purchase)?