If open country stretched before him, how he would fly, and indeed you might soon hear the magnificent knocking of his fists on your door.

Rent Lock fee to guarantee no rent increase after first year.Pet fee, pet rent.First, last and next to last plus deposit.Prepay rolling 30 days in advance of when rent is due.Make rent due on 25th for next month and late on the 1st - gives you more time to react.Require direct deposit, this is a stretch, if they don't have money there is nothing to take out of their account.Prepaid cleaning fee for move out.

It will then rent for $1300 (maybe $1400 but that might be a stretch.)

With this being said I have three questions.1) What would be the most beneficial way to structure the deal2) Is it better to refinance as soon as possible or stretch out the seller financing as long as she would be comfortable with it3) How to enter a deal like this into the BP calculator if I am not getting a traditional loan right awayThank you in advance and I really appreciate your time.

Saying that you're moving to Fall River or Providence might be a stretch as you will uproot your entire life and career to buy a multi family, that does not sound like good judgement to me.

Right now I feel like I would need to stretch my parameters and settle for a barely okay deal to buy another unit. 

He wants to stretch his dollar the maximum amount by getting the largest loan he can with 150k and using 50k for renovations, then hold it until it would be time to refinance or sell, depending on interest rates and the market at that time.

Do not invest in vacation areas or rentals unless you know the areas which are very desirable and you can withstand the vacanies if and when they happen over long periods.Resources:Do not stretch your resources too thin. 

The wood laminate flooring panels are coming apart for a stretch of around 20ft, and in some places the gap between the panels is over 1/4" and through it you can see a corresponding crack in the slab underneath.

We each should earn 10-15% returns on equity over a 10+ year stretch.