Just trying to get a figure of what kind on money I would be giving dear Uncle Sam in this situation, and is there any ways to avoid/ decrease Uncle SAMs take.

@Sam Leon  We assign all parking spots for the residents and mark any extra guests spots with "guest".We also have a towing company on-call at no cost to us. 

It's interesting to see how the size of American homes has ballooned over the last 50 years.The house I grew up in back in the 60's was a 3BR ranch with 1100 SF.

Originally posted by @Sam Leon:One of my 1 bed 1 bath that I just changed from an old 20 gallon water heater the previous owner installed to a new 30 gallon low boy.  

I do not know any inspectors in the area and don't want to just hit the yellow pages hoping to find one that works on a saturday for a reasonable rate.Also i have very little experience and the little i do have was done with a far away branch of first american title company and they yessed me to death but than did a poor job assisting me with an access easement issue.

In my day job, working for Uncle Sam, we are very careful about handling PII and very leery of storing it longer than needed. 

This article just highlights that on average Americans are horrible with money.

There are so many people who would love to be part of the American Dream; to stop renting and own a home of their own, that lease purchasing is very attractive to them. ?

@James Pignataro The leading IRA non-recourse lenders are:First Western Federal SavingsNorth American Savings BankThey will want 35-40% down and have rates in the 4.75%-6.25% range depending on terms.The use of leverage in an IRA incurs a tax known as UDFI.  

If you haven't already picked up the phone and called Sam I encourage you to.