Hi Andrey,  I've been doing it a while and essentially average buying 2 places a year. 

@Kelly ChoateWhat we are essentially are investment bankers, but rather than selling companies, we sell income properties.

Essentially the tenant is pulling their own report, then sharing it with you. 

I think a great title officer in county you are interested is essential.

Essentially you have to come to it with all cash and take all the risk.  

Essentially, they would be converting their secured interest in the house into an unsecured loan to you.

It is absolutely essential.

Working against me: no capital, next to no available income, essentially no connections, no real relevant experience, little free time with my 50-55hr/week job (that pays little but I love it), and very little education.

I guess the technically correct term is using a master lease option, but essentially that's exactly what I mean, except instead of assigning the option to a new tenant, I would keep my interest in both sides of the transaction, until I had controlled the property long enough to claim it as income for traditional financing.

You then silicone them, bolt them back together, essentially turning them back into a one piece.What I typically do is this; Its fairly cheap to have your tub refinished if it needs it, or you can install an American Standard Americast, which is a good reinforced steel tub and is relatively cheap.