No Bank, Credit Union or Portfolio lender wants to foreclose on any loan if there is a way not to.

Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

I'm not too familiar with the markets yet but research I've done suggests that the towns of New Britain, New Haven and Hartford all have a good mix of inventory and low prices coupled with plenty of amenities, night life, cafes, etc and local colleges to bring younger people to the area year after year.

A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity. 

I am currently a student with some cash availbe and good credit score but no w2.

Thats good to hear it is resolved and sorry about the credit.

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

The negative equity often exceeds $50k but even if I use $25k (it would be rare to have this low of an initial negative equity position), is nearly 2.5 years to recover.  

Take stock of your current credit score and accounts.