I am excited to learn from all of you and I am working towards doing my first deal in 6-12 months and getting my wife and our child thats born in December into our first home.

When they wanted to terminate on the SCRA, we found out that the wife has no employment history and no verifiable income other than the child support.  

I am 50 and single, and my concerns come from being a child of a struggling trailer park owner in the 1960/70's and a former wife of a struggling carpenter/general contractor.

Yeah but most people think that their new born having made their first steps in that living room makes the house way more valuable...The leads coming in is wicked awesome

It's for a child's bedroom and it is in MN where is gets cold.

My first buy house was tri-lever home that I got for 152K with 3.5% down on a 30 year with a 5.5% interest rateOnce I got married and had our first child, We refinanced to a 15 year mortgage with a 3.5% interest rate.

@Caleb Childs - First, make sure you qualify for the loan. 

I  decided against the 3rd because it is an auction property that is occupied (verified by walking by) and I have no experience in auction or evictions and did not want to try to learn both with a newborn.

Right now my credit report looks like I love spending, but divorcing a narcissist cost me about $40k and $582/mo in child support, otherwise I'm incredibly frugal (cheap!).

The die day is 120 days on the order, and since the tenant has said her child was handicapped and I am not one to find out.