Don't be concerned about appreication after 1 year.

Consider how it will be used and if the floor can function as storage, rec room, family room, extra sleeping space, etc.From what you've shared, my concern would be the "hills" that may cause a tripping issue.

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

Clean-out crews make a living towing away whatever is left behind.The removal of renters from their homes is also a topic of increasingly broad public concern.

A few other things to consider:Escrow holdback: Your agent's suggestion for a $3k escrow holdback is a good start, but I’d recommend considering a higher holdback if you’re concerned about damage or delays.

My payoff was then added to the sellers side, I’d be paid back at the time of closing and seller and buyer then would take 2nd position from seller finance and my payoff on sellers side should have been wired back to me.Never disclosing another lien on the seller side and nothing in the HUD, we theoretically had no concerns.

One of the concerns above is not being able to do the work yourself on a 203k.

I believe they likely will talk, they share a back deck and am concerned the different rates may negatively impact the relationship if that scenario played out.

In short, the vacancy concern was far less of a concern than we thought. 

I have 2 concerns with her program.