In addition to the interest of the loan, you'd also be paying this as well. 

I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.

*Cracks neck* Well, it's a journey for sure.

I will check out the link as well. 

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

Lake Murray is a great attraction to the area as well.

I would want too as well.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I had looked into Pricelabes a couple years ago and didn't think it worked well for my market, but sometimes think about retrying it because so many seem to rely on it.

If you're not sure of you preferred direction with your next property I would invest in understanding investing more thoroughly and read 5-10 books as well as speak to other experienced investors.