Interested as well.

Started working on the exercise above as well this morning.

Well, what would you do with that extra cash flow? 

Filter changes are a good time if you have them as well.

I intend to add a closet to the den and make it a 3 bedroom adding value as well as remodel the entire unit.

With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population. 

Well I think he was planning to pay it but it wasn't long overdue so he certainly wasn't expecting a lien to be placed on the house one day prior to sale.

I would be happy to forward you the contacts of these folks so you can reach out, as well as a referral for a short term rental consultant who may have some insight.

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.

:) Well, if the planes take off and land from east to west, buying a home that is north or south is not directly in the flight path.