This allows you to repeat this to infinity.D - The entire system costs $0 to execute.

At the same time, a contract will be executed between the owner and the Housing Authority which will allow the owner to receive the Housing Assistance Payment (HAP) from the Housing Authority.

Councilperson Viagran stated, there were multiple code violations and work was performed without proper permits.  

The idea with your zoning currently is to allow only 1 dwelling unit per 5000 sq ft, with the few exceptions that Brian mentioned above, and with all of the proper setbacks. 

You use his money to pay at the auction, shortly after you execute, he records, a mortgage/deed of trust.

The numbers are pretty set as the owners are selling it practically at the cost of the mortgage still owed.The numbers are never ‘set’ until you have a signed/executed contract.

Just make sure you are getting some collateral.Be sure you go vet this guy properly, also. 

You would be putting it under your personal name, but the rates would be more like 5% and make sure you have the proper insurance in place. 

I use a service that is an expert on this topic and they handle all of the follow-up to ensure the owner has the proper paperwork.

Now, it's just about executing.