I don't have any prospective homes in mind yet, I'm curious to know what you think I'd qualify for.The Question:If I went to a bank and said I had enough money to put a high down payment on a cheap house, say, an 80% down payment, BUT I've made an income of less than 20k a year after taxes for the last 2 years since I'm self employed, what do you think my chances are for getting pre-qualified for a mortgage? 

The auction is expected to be completed sometime this summer, and the government has the right to reject any prospective bidder after a background check.

I was entertaining the idea of investing in Indiana as an out of state investor, but this may deter me some.

-My credit worthiness is less than prospective partners.

Not every property is one you can (or will) want to buy, not every problem is one you can solve, and not every prospect is ready to sell right now.

Initially my target niche involved young professionals and college students like myself but this of course narrows my prospective tenant pool.

We’re asking $1700, and have prospective tenants who have section 8 vouchers for 2 br housing for $1700+.

It's a focus on the big picture, our insanely wild goals, and not allowing our day to day whirlwinds to deter us away from achieving what it is we set out for in the first place.Fortunately BiggerPockets is filled with like minded individuals who understand the quality of fruit that investing in real estate allows us to pick.

I plan on doing the property management myself, we are located within a couple hours drive in Georgia and trying to automate the rest with some local assistance.A couple questions I have if people are familiar with the area:1.What are your thoughts on long-term growth and rental prospects for the area?

Fear what you wish, but that fear should not deter you from voting one way or another.