But for all intents and purposes, the best way to go about it is to secure a contract with him to buy his house subject to the existing mortgage, which will absolutely get the trustee to call off the auction, then refinance it out in your name.

Just treat them like tenants after you close, keep some of the money in escrow/as a security deposit, etc. 

Look into secured credit cards, shared loans or secured loans. 3 - You must create good habits.

I'm hoping that one day I can strategically make my cash flow in such a way that student loans and job security are no longer a source of stress. 

Everything else was mostly a cosmetic fix.We discussed ways of collecting rent -  Social Security paychecks for rent are nice because there are no inspections involved and the check will be deposited directly to you each month it is due.  

We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (mid 20's) with a child who is about 9 months oldMake over 3x rent requirement and have 600+ credit scorehave been living on their own with rent less than what mine isonly guy works, girlfriend does notThey want to move in for July 1st (because they want to give their current landlord 30 days notice, plus need to have time to get money to move in - first, last, security)No major red flags here, pretty basic coupleTenant B:18 year old fisherman and his 17 year old girlfriend/fianceHave been living on their own, paying $200 more a month for rent (looking to downsize)He makes anywhere from 2-5k each trip out, which would be more than enough to cover rent, she works at Taco bell, but really she doesn't even need to work in order for them to meet income requirementsvery enthusiastic about moving and will literally move in tomorrow if they could. 

He said they are looking to move Mid July.The house isn't quite ready but is projected ready to move in by June 15th.He asked about paying half of the security deposit and the rest on move in.

Based on the pics there are GFCI outlets in the kitchen so it looks like it has already been brought up to code with electrical. 

Gonna check out your blog as soon as I can get to a machine without all this security to open it.

I have cash I can put down on a property, as well as my VA home loan guarantee (I understand I could buy a 4-plex or apartment building as long as I occupy within 90 days) that I can use to secure a place.About halfway through my first few books as well as the beginners guide here, any help is greatly appreciated!