Fast forward about a year and lets just say life is very different than it was 12 months ago.

@RyanDavis thank you for your fast response.I’ve never done this before and I do feel little uncomfortable reaching out to the family.But I’m only doing it because I know that they are ready to sell, the lady died in December, they already did some cleanup and the village inspection, so they are definitely ready it seems

He was always doing UN-authorized repairs and then asking me to at least pay for materials.I put the 3 day notice and filed for eviction today. 

I don’t have as much experience as some people here but just a year ago I had no experience and today I’m close to starting my second project.

Today was our first meeting and we are planning on doing this monthly.

Especially with only 15% down.I've been seeing 10 year interest rates creeping higher and higher above 5% over the last few weeks.   10-year Treasury is at 2.77% today, so even 5.10% is only ~230bps.   30 year amort is also becoming increasingly scarce on smaller deals.  

I understand the rate rises after the five year period, but my question would be is that If I would be acquiring equity at that pace couldn't I just refinance once the 5 year period end approached.

trust deeds non judicial. so like in GA and MS  which is trust deed country or in GA its called a Deed to secure debt..it can be quit fast 90 to 120 days from filing the NOD .. in mortgage states and particularly NE states the process can take some time but usually at least one year.. to from what i have heard in NY it can take 3 to 5.. borrowers and lenders can also stall things out a bit using different methods.

However, today I got an offer from someone who wants to pay the entire year's rent up front and sign a 1 year lease.

But we were eligible for more so they wire it right to your bank and it does not record on your credit ( it's for doctors) but three kids thru college and his 14 years of college an loans money has been tight.we don't drive fancy cars or blow money.ISO WE thought since it doesn't show on your credit and it went into my account today and I already pulled my bank statement 2 month up till before it got deposited.Could I have someone write .e a check as a gift give it back after closiing so nervous.or any other ideas we are desperate.