If you grew up there and know the current situation then move ahead with eyes wide open.Good Luck.

One lot the house was on and another 25' wide lot right next to it.

Having 5 units also does give you some protection if 1-2 units have tenant issues, which is good.The estimated closing costs of $3,000 seems a bit low to me, but that certainly varies widely from lender to lender and from area to area.

Is that Texas wide or specific to certain banks/areas?

Rates and terms can vary widely, but right now probably 5.5-6%. 

. :)If your future plan is to someday maybe rent out by the room, Fannie Mae will not go for that, since that would be a wide open door for people that don't have the income to qualify for what they want to just make up fictitious possible hypothetical future income sources that may or may not ever exist or pan out.

In our case, we had an assessment of thousands of dollars for each condo once because utility bills weren't paid for six months and we were threatened with a building wide shutoff. 

I have read widely different prices for installed window cost and don't want to overpay or waste time.Any recommendations?

Hey, BP Friends,Advanced apologies for the length of this post.I'm looking at a subject-to deal on a double wide in NC that has been vacant for YEARS.

Triad is another nation wide financing option.