Last, you can do an unlimited amount of repairs to a home using a 203k renovation loan (up to the FHA loan limit), including knocking down the house and building a new home!

I haven't looked into it because I never plan on buying there but thats what he said was enacted in the last year. 

I'm just not quite ready to buy so hoping it lasts.  

@Brett JurgensThe "2 out of the last 5-year rule" in real estate allows homeowners to exclude up to $250,000 ($500,000 for married couples) of capital gains from the sale of their primary residence if they lived in the home for at least two out of the five years before the sale.

While this isn't a hard and fast rule, more often then not, these are the guys that can't manage their schedules well, and will be gung-ho on your job for a couple weeks, then be flaking out as they picked up too much work and are trying to keep too many homeowners happy.And lastly, the more detail you have the better the bid will be with few change orders.  

Has cash flowed between $50k and $56k the last 3 years with upward trend.  

- Lastly I would also consider recommendations for a company who offers HELOCS (NOT cash out refi) for rental properties.

True, your last SB was 1996, not 1995.

Would love to hear your take, especially with the way trerms have evolved in the last few years.

It's winter, hard to find tenants. the last thing we want is bad tenants who don't pay, though, so while it is listed a bit lower than market it is not a screaming bargain.