If we could compare that might help us make some additional recommendations.2nd if the seller owns this outright AND they offered owner financing already I'm going to float some ideas:What if you offered asking price but a choice of 6.5% with monthly payments or 8% with NO monthly payments. 

Fees were $2850 4.8% 30 year fixedIf you have a good w-2 Income and can float a few negative months, pull it out and get another property.

I had selected a floating, interlocking, faux wood plank vinyl flooring for most of the duplex, but had planned to put a matching carpet in the bedrooms. 

I don't have the kind of cash to be able to float all that money.

Learn more about proper vacancy reserves, which will help you float during lean times.To get rid of unpaying tenants, you need to know the tenant-landlord laws in your state.

Literally everyone is usually working on something different so lots of helpful stuff and ideas floating around.

You could even float the payment each month from your HELOC, so if your spending is higher one month, you just have a little balance on the HELOC until the next month.

I also took the opportunity to update the old linoleum flooring with Allure Vinyl floating on top. depending on the unit size, $2000-$3500 for floors, $1000 to treat subfloors and clean, trim costs vary, plus any other damages to fixtures and such.

Floor is 3.7mm thick and regularly recommended in the BP forums (Allure Traffic Master)Vinyl C - $2.79 sq ft floating vinyl.

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