If you are renting, you can't paint or change the property in anyway and all the payments you make go towards paying off the house for the owner. This owner can one day sell the property and have cash in hand......the money you've been paying him.
There is a no money down rural development loan program for low income residents. You need to have a steady job and a credit score of at least 640 to qualify. The house also has to be in good working order. No fixer uppers will qualify for this type of loan.
Toby, please, give me a call if you have any other questions. 870-926-5535