Ugh. I'm going to be frank here.
First, let me begin by telling you both that I was a foster child and an adoptee.
You are not doing the state a favor by offering to open your home to a child who needs one, regardless if they compensate you or not, or work with you to your bidding and whatnot. You are doing this for the CHILD. You're well off of the path of having the right heart and mind going into this if you're unwilling to work with the system and make the best of what it is.
If you've just bought a house, are looking to buy a car, going to school, just had a baby.. how do you think you'll be able to juggle the extensive needs that a displaced and possibly severely abused and possibly handicapped child will bring? Especially when you've barely been on this planet long enough yourself? I was placed into homes that were overtaxed. The parents didn't have the skills to parent me in the ways that I needed at the time. Not only did I live with over-taxed and overwhelmed parents, in some homes I was abused, physically and emotionally. It's taken me over 20 years to get past much of what the foster care system did to me- the abuse hasn't been as hard as what some of the other foster homes where I was an unmanageable burden to get over. And I was just a child. I have finally stopped blaming myself for them. You do NOT want to do that- and if you're not properly prepared, stable, and mature you WILL do that to a child. All it takes is ONE meltdown on your part and it will be like stabbing that child in the chest. It's just as painful and takes a LONG time to go away. In many cases for many kids, it never goes away.
I am now a parent myself. I've been to college. I've made a life for myself, which is rare for kids who went through what I did. Please listen to my perspective and experience. I can tell by this conversation that you should really rethink your desire to be a foster parent. I'm not telling you this on any personal level. I just don't want to see more kids get hurt- too many of them already do.