Thanks for the input.All,If i can get it approved (i.e. the repairs aren't that crazy - but i haven't walked through the house yet), would it make sense to use a mortgage lender for both the purchase and the eventual refinance? 

I also want to eventually get into buy/hold with multifamily units. 

@Matt Hintzke, A title company's goal is to have you become their client and use their services when you eventually buy real estate.  

Hi,I will be starting classes to get my real estate license within the next few weeks; I have always had an interest in flipping and eventually, buy and hold.

It obviously also builds your portfolio and will hopefully allow you to eventually live off of the B&H's and the flips!

I am going in with the mindset of when i eventually move out in 3-5 years which is my goal, would it be a good deal?

You can build up reserves to eventually go into commercial.I want to thank you for your service to the U.S.A      

I was actually thinking about expanding into redlands eventually for student housing.  

We will be investing primarily in Pennsylvania, but will eventually expand to California and other parts of the country.  

While most Net Zero buildings are energy efficient, perhaps even highly so in comparison to minimum building code requirements, there is nothing requiring them to anywhere new the efficiency level of a Passivhaus   .... this is why you will see odd things like warehouses with large rooftop solar installations being able to claim Net Zero.On the other hand, Passivhaus sets three metrics which a building must meet to be certified as Passivhaus compliant:  The building must have a heating and cooling demand of not more than 15 kWh/m2 (4,755 BTU/sq ft; 5.017 MJ/sq ft) per year  and a peak heat load of 10 W/m2.Total primary energy consumption (energy for heating, hot water and electricity) must not be more than 120 kWh/m2 (38,040 BTU/sq ft; 40.13 MJ/sq ft) per yearThe building must not leak more air than 0.6 times the house volume per hour (n50 ≤ 0.6 / hour) at 50 Pa (0.0073 psi) as tested by a blower door.Ironically, the research and pilot projects which fuelled what eventually became the Passivhaus standard was carried out in Saskatchewan as a National Research Council (NRC) project in the 1970s (the house is still in use today) and a similar project (Minnesota?)