By then, I'm practically committed to him!  

Or offer a discount if a student can commit and PAY in ADVANCE for both Fall and Spring terms.

@Alexander Quan 1) the penalty for committing mortgage fraud (which is what that would be) is, from a quick google search "Under U.S. federal and state laws, mortgage fraud can result in up to 30 years in federal prison, and up to $1 million in fines"2) you posted about possibly committing said fraud on BP with an account that shows your full name3) Most (if not all) owner-occupy mortgages have clear language that you must occupy them, so you can't just let it sit there empty for 45 days (this is an assumption, will depend on what your mortgage language says).Overall sounds like a shady way to go about starting off your investing career.

ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.

I am fully committed to the idea and I have been reading and watching podcasts on the subject, but I just have some clearing up to do as far as what I need in order to make my first purchase?

@Tom Gimer, also, I don’t understand how they would issue and closed my deal with a warranty deed and have a title commitment without giving me the title policy...

A few days later, I had a verbal commitment by a friend mine (of 30 years) which is also a real estate investor.  

@Adam CraigHI Adam,You like red, a  dark red might work, but  maybe for the trim instead of the door, with sand color for the main part, and an earth color for the doors (front and back) to make them look "inviting".Whatever colors you choose, it's always wise to have the painters try them on a small part of the front so you can see them before you commit to buying several gallons.Sherwin Williams codes:Good Luck!

You want a tenant who will commit and one who you know will pay rent on time!

Because it takes a while to get traction I’m not sure I would commit to CA but that depends if you plan on going back at all.