Yes, this is possible if you can find a lender that will do a VA Construction to Permanent Loan, a deal in which you pay no closing costs, and you are 10% or more disabled from the VA.

A couple things to remember: 1) you pay NO PMI WHATSOEVER with a VA loan whether you put 99% down or nothing down, that's the big lure of that loan. 2) if you are disabled vet receiving disability comp the funding fee is waived.

If you guys have any other info on the HUD specifically the HAP program for low income seniors and folks on disability please let me know.  

My biggest dilemma is that I have a disability called Cerebral Palsy so it is hard for me to get job offers compared to other people.

You just can't ask what their disability is.

I can see for a single tenant in a house that is not close to your other rentals doing a negotiation like that might work.Most of the tenants I have if the judge says to be out they go.Different tenants have different levels of knowledge with the process and the last thing you want is to empower them more.You will have enough professional tenants to deal with as it is.I always tell my property manager that "less is more" when talking with a tenant.The more you explain things to them the more they learn and are more difficult to evict.Let them believe they have to be out and most will just move and not wait on the writ.One tenant I had got a judgement in court and the eviction date from the judge.They paid the judgement and moved out and didn't wait on the writ.They didn't know about garnishment,bank levy,etc. and the process and just paid me the judgement.Also even if it is a house you have to watch if your properties are close to each other or renting to friends or family they will talk as well about you the landlord.Have another tenant now where she owes thousands and the writ is in a week.She has been waiting on disability approval from SSI.She wants to pay 700 but I have a judgment for a few thousand.I told her if she comes up with 2,500 I will let her stay otherwise she is out.The reason is at 700 it is not worth it to me.I would take 700 and then have to cancel the writ and refile eviction.With the holidays it could be January before I get her out again because of the courts taking the time off.At 2,500 I get most of what is owed and I don't have to recondition the property.Then I don't have to get re-rented during the Holidays which will most likely take a special first months rate to rent out.As a landlord these are the tough decisions you have to make on a case by case basis.We do inspections once a month.Then we know if we file eviction what kind of recondition costs will be needed to get ready again.Then you weigh the thousands in costs or hundreds depending on condition re-renting versus a workout with the current tenant.As far as evictions go most will pay the judgement.If they do not I am nice to them and press them to move out by the court ordered date.The property manager goes in daily and says a few more days and it all has to be out.This presses them to move.If they change the locks which they are not allowed per the lease then we have an impact driver that will push through the toughest lock in under a minute.Some will stay and wait for the writ but not many.I wait until they leave and then I "bring down the hammer" and file garnishment against them.I don't do this until they leave to keep them calm and make them think they are getting away with something.They leave the place clean with no trash thinking they are getting off scott free.

I will have the keys in my hands on April 1st, spend less than 8k and have it rented by the end of april for 1357month via Section 8.I think this is a good deal, but it took me 4 months to find it..Last place took 7 months at the sheriff sales, but they cash flow, need little work and I am in and out..Point is...Take your time..It isn't how many properties you own, but what and where you own them..You also want them to cash flow.I deal only with Section 8, because they direct deposite to my account..I am not in the business of chasing rent..I explain to them that I own the property, not them, and they WILL TREAT IT fairly..I prefer single mothers with children who are on disability..I never have to hear that they lost thier job, because they will never have one..I let them know I stop over once a month to check the heater(my excuse to check on them) and it works well..Another angle I have come up with is that I buy NICE places and make the people on Section 8 feel proud as to where they live, and it seems to pay off..My one tenant drives me nut, because she is always calling me asking to hang new fixtures on her sink, or the 4 foot by 6 foot stained glass picture above her fireplace, or the fancy $400 lite she bought for the hallway...I don't know how these people have such nice things, but no job..I don't ask..All I know is they treat me well, and I would rather her call me to be her interior decorator than to hear that she is trashing the place..

Also, the wife's income is SS-Disability but this does not disqualify her. 

Swanson's papers discusses how it is more cost effective to provide subsidized housing, disability income, and outpatient mental health care then it is for them to spend 95 days in jail.Maybe if Bobby wants to help he can ask the police what services are available for this individual and try to fast track the treatment before this person reaches Stage 4 and something unthinkable happens.

The lower unit is ADA equipped for a wheelchair user, and will require about 5-7K in repairs to convert it back to a non-disabled use apartment.