A Vietnam veteran lost his job after his employer learned he was homeless. Rather than go to a shelter that didn't permit dogs, he's been living out of his car for a year. A year. Now folks are stepping in to help and his lawyer may start a fund to help him buy back his foreclosed home.
This was 2006 and the real estate market was still hot. This is how I was able to start in rental property! I crunched the numbers and figured out that the rental income would more than cover my mortgage, insurance, association fees, and repairs. We also had enough money for a 10% down-payment for a new home so we didn't need to sell the townhouse to buy a new home.
Building with Awareness: An Off-the-Grid Straw Bale and Adobe Home -- The compact cottage makes use of reused and natural materials, including abodes, salvaged oak flooring, surplus tile, and flagstone for window seats and shelves.