This way if there’s physical damage by residents the company pays the first $500 to fix it.

., get a higher paying job, work two jobs, go to trade school, get a higher paying degree, live in affordable area, etc...these are things that most of us did).

They put one of their employees into one of my houses, and after I switched to a new property manager, that tenant stopped paying rent (amazing!)  

I took a long break and I'm paying for it now LOL!!

There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.

And they won’t do it quick just because you want to buy so you would need to close with some estimates on the sale bill.  

Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.

Now, you need to figure out how to find deals and pay for them.

You’d need to check the local laws to see what counts.Tenant Violations: If they’re breaking lease terms—like not paying rent or subletting—you might have grounds to evict.

The biggest challenge we faced is the property's proximity to a railroad, which has proven to be an impediment to the sale.