So as long as you give your T/Bs at least 2 years and set it up so that they will have at least 5% equity (their down payment) then the only reason they wouldn't be able to close is if they deliberately defaulted on a loan (credit card, car loan etc.)

She has always paid her revolving credit cards on time. 

We've used the rental calculators to figure out all the numbers, returns etc but I'm wondering about 2 things:1) We have a business credit card that we just opened that has a 9 month interest free period.

If anything in the past was done incorrectly, once they're in there for inspections, you may be obligated to fix old issues that you could have otherwise gotten away with ignoring.NJ DCA Filing - Properties that are 3-units and above require a "green card" from the NJ DCA, which requires an initial registration + inspection as well as an inspection every 5 years.

I'm planning on using Post Card Mania - I believe they provide lists...have you heard of them?

As soon as you do, something will break and you will be maxing out a credit card to fix it.

I know I need to calm down but I am angry at my realtor because she didn't get CDL or SSN card or credit report, (the tenant provided the credit report), and I am angry at myself. 

(Should I buy a foreclosed property, leverage my "first-time-home-buyer-card" and use it as a 5ish% downpayment on a townhome in the 200-300s, or save it in a high-yield savings account until I have another 10k?)

That doesn't mean I hug tenants, send birthday cards or hang out with them on the weekend. 

The other line was like a credit card, I used it for my regular needs, and paid it off right away every month. 12 Months latter $80 in loan document fees and a 780 BAM.