However, if Oct. 12th was just when they happened to vacate the property, then you can pro-rate the rent from Oct. 27th.Did you have any financial damages from the "unauthorized tenant"? 

You need to determine why his FICO is so low and ask yourself if the root of that issue makes him a good partner.If so, I would work on improving your buying position before making the purchase.

Essentially waiting 9 months would just give me more of a financial cushion to start with.

After working for someone all my life, I have found out that I want financial freedom and independence. 

How can I find more deals, and do more than one at time.... at this rate I'll be in my grave before I hit my goal of initial financial freedom.....

What types of approaches have you and/or your communities taken to improve on this problem that was still a profitable proposition?

You should talk to a financial advisor and seriously think about putting the money into the stock market if your investment horizon is long.  

.), if you don't have anything to give or think you don't have anything, maybe the most important thing you can do is convert them, research what they may want to do next to recover/start to rebuild, and pray for them all....I know that my grammar needs some work, but I am trying to improve and I am a college student that is slowly but surely learning...Honestly this very fact that we can have everything we ever want or need could literally be gone in a matter of minutes and all we have left hopefully is our own lives and hopeful those we love and know.

How long it takes to be financially ready is different for everyone.

But the proper needs work as the previous owner has not replaced the roof nor did any improvements on the property.