From June until November I haven't received one payment, my court date was set on the Monday of Thanksgiving which the clerk couldn't give issue the court order document because she was swarmed with all the cases that week, the following week I received the court order and the writ.

Got private money for the purchase, the rehab and even the interest payments.

We will allow you to do a holding agreement up to two weeks the "holding fee' converts to the 'first month's rent' upon deposit payment and lease signing within the timeframe. 

What kind of down payment and renovation costs should I plan for?

Cash flow is an issue, but I have saved enough for a down payment and then some. 

You may also owe self-employment tax.If you're earing income all year long, and not having anything withheld like from a paycheck, you need to make quarterly payments.

Down payment amountFuture economic factorsMaintenance costsAnd that concept call Opportunity CostI ran across this Post in the New York Times today and I’ve spent two hours analyzing it.

PAYMENT DISBURSEMENTS - Incoming rents would come into a general rent account, replenish the maintenance fund for any expenses incurred through the month, take the PM fee, and then disburse the rest into the owners account.

Though the down payment and closing costs will not be huge, they will eat up a sizable portion of our savings.

In some situations, a lender will allow for someone who didn't originate the loan to continue making payments, until the lender changes their mind.