If you get the promotion try and live at the same level as now (I know it will be hard with another mouth to feed) and put the rest toward that debt.I would go conventional if possible unless you are in a huge rush.

As to the income, many people on here can attest that it's actually not hard to live on $50k when you have no mortgage, no car payments, no other debt, you have health coverage, low taxes, etc, and fortunately that number goes to $60k next year without considering any other cash flow (purchase of rentals, may pick up part time work myself for extra savings, etc.).

@Calvin Liang The only reason syndicators (full disclosure: I am one) are selling in 3-5 years is to be able to share in the promote i.e. disproportionate share of the profits due to the syndicator putting together the deal. 

The idea of “shady paperwork” is usually just a delusion promoted by some.Someone with legal control over the property /estate needs to reach out to the bank if you want to explore the possibility of a discounted pay off.

Not to mention the parking garages and health facility they built for company use. 

The law here is clear that the DNC applies only to those who are selling or promoting a product or service, or soliciting money (donations).

Are you asking because you want to understand the financial health of the HOA or so you know which ones you should market too?

This promotes flipping but I guess from a long term vantage point it will help Lou become more balanced with buy and holds too.

Househacking is out since I have a son with immune issues I can’t risk his health to live with other people so I’ll probably go SFH and work up to units.

They have a window for owner occupied buyers first, to promote home purchases to increase homeownership for those renting and you come in and represent yourself as one of them, and buy it, and then flip it for a higher price?