In this case, the victim of family violence has the right to break the lease and leave early after providing the landlord proof of circumstances.

In general, you will want 25% of the purchase price to buy the property, but you should also maintain a reserve to deal with unforeseen expenses like vacancies, maintenance, etc.Before you even begin, I think you should focus on a little education.1.

Learn to read the irs codes, then evaluate your own specific circumstances. 

There are also strategies that can be put in place to mitigate unforeseen capital expenditure (capex) expenses.

Maybe less)(the extenuating circumstances would be lay off's during covid)BACK STORY- i was about to file my chapter 7 bankruptcy, I looked through all the positives and negatives (so i thought).

Another very dumb regulation is if someone switch jobs internally inside company, these circumstances makes them as they have no W2 as lender wants last two years with stable position.So again, here Credit union lender can give conventional rate that's very enticing by giving exception.

Still do you think this is worth it given our housing circumstance?

That's not my cup of tea and also very risky and capex may exceed cash flow if you don't spend enough on rehab up front.My last few personal purchases all involved circumstances that gave me an edge: at this point I look for properties that need minimal work: instead of a 6 months rehab, I already get 5 months of rent.

Maybe less)(the extenuating circumstances would be lay off's during covid)BACK STORY- i was about to file my chapter 7 bankruptcy, I looked through all the positives and negatives (so i thought).

There is a legal doctrine called "piercing the corporate veil" in which in certain rare circumstances, a member can be found to be personally liable.