The Program utilizes forgivable loans called "Deferred Payment Loans," which require no monthly payments to subsidize the required costs of rehabilitation.

I'm trying to figure out a strategy on buying real estate from the seller (no lenders involved) on payments, adding value and reselling it for profit and thus, paying off the original seller.

There is no solution in sight.

So, accounting for vacancy/turnover is a no-brainer. 2.

I have all 3 rooms already occupied and have no pet policy.

Best,Jayson Tuliao No.

Take action, even small action, a little at a time and you'll be further along than most in no time. 

This answer may come in too late, (in which case, let me know) but NO, we do NOT recommend them.

Sometimes I think I make it look too easy and smooth and they have no idea that it has taken. 25 years or more to get this good. 

No option but to sell to stop hemorrhaging...After selling can I deduct losses (including passive losses) against other capital gains or ordinary income by 3K?