Not sure of very many places you can get that kind of return on a $1,000 investment.So, let's see...initial output of $1,000 ROI of $11,000...isn't that 1,000%?!

My mortgage increased earlier this year as my home owners insurance went up due to the company closing and my escrow didn’t have enough to make up the difference so I’m kind of pay check to pay check right now.

Initial Amortization Schedule: 12 years (144 months)6.

This leaves you with having to pay tax on the FFE allocation anyway. 

Quote from @Leeling Chew: It doesn't matter who pays the bills.

Google for a Service Agent who does Evictions and pay to get them out.

I have been learning how the process works and there are a lot of resources for how to interview a sponsor and review the deal, but how do you initially access the deals to review?

Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.

Based on your current assumptions, you would be paying $1,229 per month out of pocket, leading to negative cash flow.If you’re house hacking and living in the property, it might still make sense because you're paying for housing anyway.

With the profit from the first deal I would pay for the initial investment technically.