I did pay them to do it since they've done the majority of the work so far and are finishing the job up and have done everything at reasonable rates. 

At these rates, it seems like it would be better (for now) to wait on the sidelines and get a high-dividend REIT.So my questions are:1.

If you are house hacking to have someone else pay your mortgage what would be the point of a separate account if you are just going to switch it over to your checking or directly into your mortgage. 

This is likely going to be your fastest and least expensive option.John  depends on what type of foreclosure it was.. if it was mortgage and Sheriff sale then there is a right of redemption.. if it was a Trustee sale ( which most are / were ) then no redemption and you have a holdover.. when i bought foreclosures in WA.

I got my Va to create a spreadsheet and call all of them for rates, amenities, and if they where at capacity.

I told them I didn't want to do the consortium deal, so they offered me another one where I would need to pay a 30k USD down payment and have an EIGHT PERCENT INTEREST RATE.

If you still have a mortgage, contact the lender to ensure the transfer will not trigger a "due on sale" clause.

I met a private mortgage broker through the forums that told me North Dakota is very restrictive. 

BTW: The 75th percentile rent for market rate apartments with only w/s/t included even in N Collinwood is $1064.

There are still some good opportunities if you are willing to buy an ugly duck and do cosmetic work to get it up to market rental rates.