in this scenario, you are not leaving W2 but you are changing the stream of income, that's different than leaving w2 completely and doing nothing.

Sounds good.I am in to moderate on a subject each week/month.How do we proceed from here?

I know that might sound ludicrous, but the rapid appreciation in housing prices and interest rates has created some very interesting rent vs. own dynamics, especially in the Bay Area. 

The mold must be terrible and I expect that the furnace is completely rusted out.There's about two inches of moss on the roof and the porch.Considering that they are going to need to pay 5k in property taxes, get a quiet title, pay a REO realtor, and get the place up to code for showings or winterize, is it possible that they won't show up?

Intent is the key word here, which it sounds like you clearly meet.

Since construction loans fund their draws  based on completed  work, having the additional capital to advance the construction progress is helpful.

That's the key thing to us, is to take on as much debt as possible, yet to ensure we can cover the whole mortgage and other expenses if completely vacant.  

Assuming that the property doesn't go up one dime in value, and assuming that it is a negative cash flow of $1000 per month from now on, 15 years later, you have a property that is completely paid off, worth $500,000.  

I'm trying to buy these apartments I put everything in them for years they where mine and my mom's and never did she think my sister would do this if she had of thought this she would have completely put them in my name before she died.

Last July, August I was just starting to learn about real estate and completely missed the concept of assuming mortgages.