These foreclosures are too high for the price to fix up.

If not, you could do it this year and catch up on the missed depreciation losses this year via form 3115.

I did not invest in the above noted deals so I cannot comment on the structure or management but just highlighting in general where I am guessing some of failed deals may end up.

I’m in the learning phase and saving up the cash for my 1st deal.

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

She doesn't want him to leave because he helps to take care of everything that his son never would, like picking the kids up from school, fixing things around the house, mowing the yard, and taking out the trash.

Very keen on meeting like minded REI people. 

The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.

I grew up in WJ.