Get a 2nd job and save, save, save.To build your credit....get a couple credit cards....dont use them. get a store credit card...again, dont use it.  

On my current project (a mid-level suburban home), I have laundry in the unfinished basement which will be freshly painted (floor, walls and ceiling joists).

We ran to a couple of stores, and they were all sold out!

And Home Depot is your store

Then a fresh coat of paint applied.We are really pressed for time here and I'm thinking of just spray painting over the exiting surface with a high quality, rust resistant spray paint.Do any contractors know how long it will last and if I'm just being foolish cutting corners?

Make the seller and manager get rid of the old tenant and clean up his account so you can start fresh.

Most states allow the borrower to make the choice to impound the tax and insurance or to waive escrows/impounds but usually you have to have 20% or more down payment.In CA the min is 10% down for the borrower to decide to impound T&I's or not (it cost more to waive impounds, about .40 points cost).Most other states require 20% down or more to waive them.Yes if you waive them you bring in less "cash," to close however its important to distinguish that these prepaids are just funds being stored on your behalf and are not "closing costs," in technicality but are required to be brought into closing to consummate the loan or transaction.Also the reason seller financing is less closing costs is because there is no lender, processing, underwriting, doc fee, credit report, etc.However, with a seller financed transaction you still have lender title insurance (I hope you have this), and the attorney/escrow fee, along with recording, notary probably,  exise and transfer tax (depending on which county or state you're in), prepaid interest on the seller carried note unless you negotiated the start date of your note at a future time or got some forbearance/deferment period.

For Prop Mgt - @Lew PayneFor a fresh take on wholesaling - @Marvin McTawFor taxes and all things IRS - @Brandon HallFor all things old school - down and dirty back in the day - @Bill Gulley, @Jay Hinrichs, and of course, @Brian Gibbons

The current house I'm cleaning up now (only because it's fresh in my mind). 

After 1 month do you remove all previous postings and start fresh?