Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

But they have 12 months to work each year.  

They are very differentIf it’s a foreclosure it could take 12-18 months but if the property has equity the borrower will file bankruptcy (almost given).

Next months rent will be late but paid by mid month.

I know the Marshall’s office had a backlog of evictions to handle, but 8 months seems like a long time.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

I just flew there last month.

Assuming my mortgage payment is around $1,000 to $1,500 per month, and i would receive $2,200 per month from Uncle Sam, why would i not do this??

I left my full-time job 6 months ago to be a stay-at-home mom, so we would not qualify for a traditional mortgage at this time, but we’ve recently noticed listings in our area that would be perfect investment opportunities.

The original lease from the owner who owned it at the time it was installed had hand writing on it for payments that increased per 5 year term is what it looked like if I recall correctly.