Because of this, lenders had to add huge adjustments to their pricing when they were at or near 7% delivery threshold.The announcement last night is suspending that cap or essentially undoing it allowing lenders to originate and deliver these loans without the fear of being punished or exceeding their allotment.

After your screening, if you approve them, you fill out the Sec. 8 paperwork and it gets submitted to them. 

For my very first lease I went through my realtor who listed the place, found and screened the tenants, and did all the paperwork.

Essentially you pay a "Membership" rate every month.

203k can be a tough sell in this market because you need a contractor signed on for it and there is a ton of paperwork on their end and they can get easier work elsewhere.

Essentially, I am looking for a property I can eventually rent out.

I figure I essentially have a free $15k, no debt, a $70k job post-grad (If need be.

But essentially after proper notice is given and not cured, you can file the "unlawful detainer" paperwork, serve that properly on the tenant, go to mediation if your jurisdiction requires that (mine does, it's mandatory and eliminates 90% of cases going to trial), then go to trial if it's not settled and they haven't moved out yet.

if you will own the land take purchase contract that you get from a local realtor, if home is on a rented lot just go pay a lawyer to draw up paperwork @Ralph E.

We're essentially taking it down to the studs and converting it to ~1,700 square foot 4/2.