Would a foreign tax credit work?

With bad credit and little to no cash, what steps must I take to attain a rental property

Yes, he does not want to pay rent, so you give him 30 days rent credit through the sell of the house agreement, but set the rent rate high, maybe double normal rent. 

@Amir Boneh Yeah, I've seen some poor jobs out there.

But then we have all of these guys online (marketing), or Rich Dad Poor Dad, talking about how real estate is a ticket to passive income, etc etc.

The upside of office is that if you get a credit tenant you can sign to a long-term lease, you have a solid rental stream.

I just would like to know if I will be wasting time to save a few dollars by shopping around or if it is really worth it to bring my business elsewhere.I have great credit (750+) and enough money in the bank to do this deal in cash, if that makes a difference.Thank you so, so much for your time!

They have paid around $70k into a $170k mortgage over 20 years so far and have been constantly falling into credit card debit, renewing their mortage over and over.. its never ending.

In the last recession, did any of you guys have a 1st lien equity line of credit that was frozen due to the credit tightening from the banks?

Over in Wisconsin east an hour and siimilar to @Daniel Kurkowski’s experience the cost to build gives a pretty poor cap rate project.