At an average of $5 a pack (he smokes the cheap ones), that's $450 a month.I found a place online where you buy roll-your-own supplies and you can roll a whole carton for about $8, including shipping costs.So, in the past couple of days I rolled 2 cartons for him, saving $80.

Until he is making enough money from investing, he will be receiving a regular check from ssdi, so he will have that money to show the bank.

The owner supplied the numbers for Gas/Electric/Water.

Don't listen to the gurus and see for yourself by bidding consistently everyday and you too will notice patterns in the counter offers.The secret is bidding regularly so that the asset manager gets to know you and you will start to receive notifications when HUD wants to get rid of the property.

{I just looked and the reduction in cash-flow is presently 2.3% ... quite irrelevant given the good it produces.Now, during the first term of any mortgage, we will make regular principal prepayments provided we have sufficient reserves in-place and no immediate higher use for the free cash-flow.  

We also have ways to get some supplies at cost.

I would like to have it in my name so that I can re-finance to a regular loan in 2 years and pay him off.

We will be providing 24 hours notice and will enter the property after that during regular business hours regardless of who is home.

You are probably starting to think about getting part time jobs, instead of flipping burgers or stocking shelves at the grocery store see if you can get a job at HomeDepot/Lowes/Ace Hardware/Other local Hardware or supply store.

I'm just confused a bit and want to know what I would be getting myself into if we make an offer and win the bid.Also, does this generally mean I can get it at much cheaper than it was a regular sale?