Above all the belief in the attainment of wealth through persistence and faith.

I'm passionate about attaining wealth, and I've determined that real estate is the best vehicle to get me to that destination.

Typically, you need to have $50M in net worth to attain this level and some financial service providers will not talk to you unless you have $100M.I'd love to be at this second level one day but if not that's fine by me.

I don’t know any other way to attain what I want.

This info will give you a decent idea of what to expect and help filter down your search to a few cities.Some of the metrics that I find valuable to understand are:- Population - Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages These are just some of the indicators that will help you understand the quality of an area as well as the kinds of returns one is to except.

I simply argue that 100% is not an attainable goal, given the restrictions.   

What is the best way to attain lending for purchasing the note which would last as long as the foreclosure process until it goes to auction, or either to acquire the property after foreclosure.

Great attainable goals!

The expectation was/is once you attain your bachelors degree, you will be able to land a job with a high enough income to substantiate the high expense of a college education.

Secondly, 2 properties with decent cashflow and 10-12% return in Gastonia in your price range is is totally attainable.