As someone with vast rental experience in Austin, TX (and a resident of Dayton), I would suggest really conducting a PFS (Personal Financial Statement) ahead of time - if not already done - in order to better assess your purchasing capabilities, then we can dive deeper into the creative methods.Connect with me to discuss when it would be a good time to talk.

I doubt that was a rushed decision!

The how has always just been a detail found along the road, never laid out ahead of time, just an item to solve and over-come along the way.

We finally came to terms at the end of last week so he hasn't had much time to get me added and we were going to go ahead and start asap.

Get bad tenants out, fix up the place a little, get a new 'good' tenant in there, raise rents a little and relax.Look back in 5 years, you will be so far ahead it ain't even funny.

You are right CA is way ahead comparing to other states.

Other kinds of liens jump ahead in line such as IRS tax liens, property taxes, municipal utility liens, etc. 

I have lots of cash now so no rush at all and current rate is 9% rehab loan on a tiny $155k balance so nothing too crazy. 

It puts you light years ahead of other buyers.

My advice is make sure the numbers work and don't rush anything.