Glad to see another addition to the Cincinnati investors.

Even a semi-competent realtor can walk a client through an old house and talk about "good bones".

The only way to get this liens off is to hire an attorney to do a 'Quiet Title' but getting a first mortgage to release their lien is not often going to happen, unless they walk away from the property with the lien still on it.

The additional factors that are at play here is I still have 1.5 years to be able to get FHA loan or 2.5 years for a conventional due to a short sale of my primary residence way before I started pursuing REI this past April.

You might also have marketing expenses with turnover, in addition to vacancy.Jim.

You can walk into a property with 0 dollars purchased with your time from the sweat equity.

How difficult can that make obtaining additional financing?

I plan to do work on the house in several rooms during that year, but it would be nice to have the additional income to offset costs from renting a room or two. 

I am looking at renting the master suite out and stumbled across someone interested in renting a room part time so might also rent an additional room like that to them if we can figure out a price that works.Then I ran across a FSBO in a great rental area...

Perhaps could I pay additional $ to HUD to agree to turn on the water...or is there another (legal) way to go about it?