I survived and learned lessons.

Yet, after listening to you it almost seems like we should be searching out other deals and getting money from private people as early as possible.Much like you I have a little experience in construction from my college days (working for a contractor on my days off from school and over summers but I'm not a craftsmen), so there is a small advantage there, but ultimately it sounds like if I want to get to that "freedom number" faster, or at least earlier, I'm going to have to figure out how to scale.I'm under no delusions that I am an expert after one deal, but I thought that after doing 2-3 deals and making them successful we would then have the creditably to get loans from others to really acquire some volume. 

I have a maintenance manager/resident manager who got the call to help get the unit opened up but ultimately I am the property manager for my buildings so it is my responsibility to deal with these particular issues. 

Traveling the world while getting paid is my ultimate dream!

The end result was the case was dismissed, even though the P&S contract allows some errors to survive the closing.

If one of you were to die, the surviving spouse would retain ownership.If you were married, your spouse would be entitled to 50% of the "marital home" regardless of who paid what - that is just part of throwing your lot in together.Depending on the status of {marital} property-law in Oklahoma, common-law partners may be viewed the same as married.  

You should also start by reading the Ultimate Beginners Guide that is offered here through BP. 

Ultimately, you need to assure everyone, especially the neighbors and the police department, that you have good plans/intentions and try to get them on your side before you apply. 

Those placing residential mortgages will have to qualify for financing at the BoC posted rate for a 5-year fixed mortgage, @25yr amortization, regardless of the financing they ultimately plan to take.  

More importantly, this is an REO sale, and they typically come with title insurance.....which means the bank will pay off any past due taxes and liens that survived the foreclosure auction.