@Amanda Hoening I've been told that 'conventional lenders' will always hold 1 'space or credit slot' for your primary residence.

Its big industry was steel. 

@Ron Steele You can use this structure and reword itThe Purchase Price shall be five hundred thousand dollars ( $500,000.00 ) which shall be paid at Closing (as hereinafter defined) as follows:A) Seller financed loan $250,000 note.

It's in a C neighborhood with a blue collar, industrial economic base (steel mill, trucking , etc)Rents should be 350-400 per unit.

This is right next to one of our projects in Austin.I am assuming you have to insulate them on the inside, otherwise that steel box would cook you. 

There is also a decent used appliance store in Manville, the name eludes me right now......You also have Craigslist which I find to be a great resource for used appliances - I recently came across a like new stainless steel gas stove for 180 bucks..

Don't forget to contribute to your favorite animal advocacy and put a few coins in the slots at your local Indian casino, just as a way of giving thanks.

He was telling me that he bought this property and found that the water pipes were galvanized steel.

I have a few other ventures and projects in the works - the following of which I need your advice.My first house is a 1750 sq foot, 4 bedroom twin in a small former steel town not too far from the city.

Let's say that we are talking about a park: -Originally built in the 60's -On city water with galvanized steel water lines -On city sewer with tile sewer lines-Has some vacant lots but meets your criteria of not being a large infill project -Something that could get a good bounce from tightening expenses/raising revenue-But has some deferred maintenence issuesAssuming all other things would be the typical scenario that you would encounter on your deals Jim and Matt:1.