Taking a position that identical strategies or using the equitable interest argument can be totally irrelevant.Those that do this as their business will be the last that will even be willing to understand issues that are contrary to their business.

After about two years of inactivity and REI study, I developed a strategy almost identical to @Andrew Cordle in that the biggest hurdle to rental properties is capital.I want to actually Invest, and build my asset column, not simply boost my income statement in the short term with a pure fix-flip approach.

Can you pay basic expenses and current regular maintenance?

Had we been inspecting regularly, we would have caught this in the early stages.

Until he is making enough money from investing, he will be receiving a regular check from ssdi, so he will have that money to show the bank.

Please include the following 5 items: Clear copy of your Driver's License Current Voided check or Bank Deposit Slip: This serves as a secondary form of ID, we may cross reference check with the bank to verify your identity.

Don't listen to the gurus and see for yourself by bidding consistently everyday and you too will notice patterns in the counter offers.The secret is bidding regularly so that the asset manager gets to know you and you will start to receive notifications when HUD wants to get rid of the property.

{I just looked and the reduction in cash-flow is presently 2.3% ... quite irrelevant given the good it produces.Now, during the first term of any mortgage, we will make regular principal prepayments provided we have sufficient reserves in-place and no immediate higher use for the free cash-flow.  

I would like to have it in my name so that I can re-finance to a regular loan in 2 years and pay him off.

We will be providing 24 hours notice and will enter the property after that during regular business hours regardless of who is home.