@Samuel KimEven though I already gave you an answer earlier on this thread, I need to add a few comments after seeing some totally irresponsible and reckless advice given by other commenters.Short story is:A.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It’s totally normal to feel overwhelmed when starting out, but it’s great that you’ve been saving and reading up on investing.

Since we have 2 buildings (right next to each) the total is $500.

Approximately 2,200 sqft total for the cleaning. 

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

Later I was able to buy the vacant lot between for a grand total of about 2.4 acres.All the houses are in bad shape.

Total rent s/b minimum $2,250 but with housing vouches, $2,550

Seller and buyer commissions are a total of 6% - $17,340.

Quote from @Brian Malavsky: Totally agree with everyone else and I didn’t see anyone mention an “Umbrella Policy” I just got quoted this week for $1,000,000 coverage for only $350/yr.