I know I'm probably in the minority here, but reality is that your are 100% broke. 

Real estate investing has very low returns unless you leverage.The reality is that if you want to be a successful investor you must position yourself appropriately.

Sorry to hear of the troubles but thanks for putting the reality into the dream! 

I take no pleasure in being blunt, but the first warning sign was a 17% interest rate--sounds great to an inexperienced investor, but the realities of the real world make that VERY difficult to be successfully paid. 

In all reality, you should always be patient. 

It actually negatively impacted my social life because I hate going to the same stupid social events where people talk about mundane things like sports or reality TV.

The reality is they may just have to go through the banks process and take it as it comes.

But the lowest priced listings for those homes is 110k to 130k - even though they need rehab.So even if I wanted to come out of pocket to make the LTV numbers work with the lenders, the reality is the house wouldn't return the kind of cash flow I would want.

The only question is how much time and capital will it take to make that situation a reality.

:-)  I just want to know how I can make this a reality.