these numbers are outstanding. 

Then you may be stuck dealing with occupants that refuse to leave, stolen appliances/fixtures/cabinets, a place that's been trashed, outstanding liens that you weren't aware of, etc.I heard of a young lady that got excited about foreclosures about four years ago.

VPM requires the tenants to front the costs to rehabilitate the property, pay all the overdue taxes, and resolve any outstanding building code violations associated with the property, Wisconsin’s complaint states.And, if the tenant does not remedy those issues within a short period of time, VPM evicts the tenant and “repeats the cycle by renting the uninhabitable property to yet another Wisconsin consumer,” the Wisconsin DOJ said in a statement.According to the complaint, VPM rented properties with sewage in the basement; black mold; lack of water, heat, or electricity; insect infestation; and multiple code violations; among other issues."

Their support is quick and outstanding.

Every time you apply for a conventional mortgage you will have to provide the same information on taxes, banks statements, outstanding debts, AND they will pull your credit with each request.  

Once you get the keys, inspect the property and return the balance of his deposit (after any damages or outstanding rent has been deducted).

Does anyone else have outstanding loans from Patch of Land? 

I understand that I probably can't get that rate in Minneapolis, but I honestly feel that a full months rent for tenant placement is highway robbery. 

As Jordan mentioned, your most realistic and practical route is to secure a W2, save your capital, build your credit, and minimize any outstanding debt you owe.

I've looked into buying land down that highway that it's on and they all say that theres a no "rv land" rule, I have heard that twice from different sellers on that highway.