@Sean Murray The U of R is a quite a nice school.

thank you @Todd Dexheimer I did check a local credit union but as u said, I should check with few more, asking seller to finance 10% is a good idea as well, I will give it a try. 

Pull the u and o when everything in the place is done, get the u and o inspection done and pass. get your lead certs done.

Are u usually in elizabeth doing work?

A regular company will charge u 25$.

But before I play "repo man" i'd do the following: Know my State's Repo Laws....If needed consult with a lawyer.Make sure the Debtor Is in Default ....Have all the paperwork in order.Locate and Verify the Car.Choose the Method to Repossess ....Contract with a tow company rather than taking the risk of rolling up in a U-haul pickup and snatching someone's ride!!!

I think what U learned is there is no get quick rich schemes out there and real estate unless your going to work it full time as a broker is a looooong game.. now some do ok pimping it..

I quickly solved the problem by renting her a U-haul, bringing her boxes, and paying her deposit on another place to live. 

not sure if your staying in WA with no state income tax.. but a lot of the folks i know that are high net worth invest in tax free muni bonds  AAA rated.. rates have been low but they are rising.. might be worth talking to your broker about.I would diversify.. and NOTES  would be a nice way to go for cash flow as well just get with a great HML there in seattle and let them place your loans for you.. lower your rate so you can cream the borrowers... if the local HML are at say 2 and 12 put your money our for 9 but be ultra picky.. risk of loss remote.. hassle factor none .. fun in looking at potential loans off the charts.. and return great.. the thing about pooled investments is just that your one of many if they go TU you stand a very good chance of principal loss... so if U went that route sponsor is CRITICAL and I would limit your investment with them to no more than 10% of your portfolio.. at that point principal protection is utmost not necessarily return...  

Listen what I would do is drive around the neighborhood you can afford around 6pm if the bus stops have lots of people making there way from work there is one money to be made and two a community of decent ppl there I'm not sure if u have children if not living in a bad neighborhood isn't always as bad as it seems besides the money you collect in a year or two may propel you toward your real aspirations faster than not making the move and no matter where you buy your choosing the tenant so set a base line of what you will and won't accept and stick to it people live in Baltimore, New York, New Jersey all places that once where **** holes that have taken some major steps toward change but more importantly they made a big bag of money from those horrible hoods