Call the Medicaid office, go to the horses mouth, and ask what the current balance of the lien is, it really isn't a secret.

We are new to the Chatt area (less than two years) and we want to secure our first rental property to assist us with getting out of the "Rat Race", escaping the "Matrix" and so on. 

Then it's just a race against the clock to make sure I get it rehabbed and sold before June??

You can get the data straight from the horse's mouth that way.Quick note: When looking to respond to another BPer, type the "@" and then start typing the first few letters of the BPer's username, their username will appear below the reply box and will be clickable so that you can direct your reply more specifically to that user.

I hate to beat a dead horse but do I fit under E or C?

But, starting out, as to cash flow or income from operations, the flipper will win the race. :)    Hope numbers are right, I started this at about 3 AM, no coffee yet.....LOL   

Slow and steady wins the race.

If you specialize in real estate you're much like a horse wearing blinders pulling a wagon, they can't see what they just passed or what passed them by. 

You are putting the horse before the cart to ask "I would like to buy this property, how much income do I need?" 

Just remember, never adjust the value on a subject property, adjustments are made to comps.When I started, I parked my wagon and hitched up my horses at my appraiser's office in the buying process when I got a copy of the appraisal and took it to him.