My favorite example, is how out of state people “remember” how Vegas rents crashed and vacancy was “100%” and everyone lost their properties during the late 2000’s financial crisis.

Some of my favorite area codes are 27107 and 27127. 27127 is a big area code so you really need to study it to make sure it’s not a problem area. 27107 is the outskirts of Winston Salem where you will find more houses in neighborhood/family type of areas.

My question that I would like one to consider is this: Should I target a property that slightly cash flows with a 30 year fixed, or buy a home with a better rate 15 year fixed and target fast accumulating equity and a big fat cash flow egg that will be gifted to me in 15 years?

This is probably my favorite forum post on bigger pockets OF ALL TIME - because I am a W2 earner and my wife is a REP. 

LO's are my favorite slow exit strategy and have been for a long time. 

So if you want to gift a friend or family member the money, go ahead, but don’t call it a loan, and count your blessings if you get anything back. 

Why didn't you write the PSA using gift funds or, submit a letter of explanation for why?  

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

She sounds like a giant PITA who will only get worse,This is actually a gift to you - gives you a very valid reason to get rid of a bad tenant.