@Brian Ellis - This is exciting and inspiring!

When I told him that they were under contract with me and had been for several weeks he said this was the first he had heard.The reason being he had not heard anything is this woman has entered a contract with me because she is a foster parent and is hoping to foster more children at my residence she currently fosters 4 and wants to move up to 6 foster kids. 

Thank you BP for some inspiration.

There is talk of condensing the schools in the area and bussing the children to other areas.

I had an applicant who had their home destroyed by flood, with three small children.

3 small children, no money, bad credit, determined.

I would rent to them indefinitely if they turn up being cool though.My big concern is with foster children if things landlord tenant relationship are bad with them in the house and I do issue a notice of non-renewal what would be the likelihood of an eviction if they refuse to leave. 

For example, I was thinking maybe I should wait to have people sign any kind of lease until the summer so I don't have all three units turning over in November (not the best rental season).Thanks everyone and thanks to the BP community for inspiring me to take the plunge!

Although it cant be a corporation, you can take advantage of the provision even if you, yourself, are not the first-time homebuyer, since the first-time homebuyer can be the IRA owner, his or her spouse, or any of their children, grandchildren or ancestors.or are you asking this regarding the FHA loan? 

Very inspiring!!