We also floated the house as a pocket listing through a broker and had an offer of $625k within a few days.

Once she is  a resident next year she’ll add 60 k and in 4 years another 200-300 a year.Paying out of pocket costs won’t be devastating as I could float those two mortgages and my next one (perm residence) on about 45 percent of my take home pay .Any opinion is appreciated.Eddie

Also, if your commercial Tenant(s) are reluctant to sign a "full" personal guaranty, perhaps you could use a personal guaranty with a fixed term (e.g. 6 months to a year's worth of rent upon termination), a personal guaranty with a "floating" term (e.g. 6 months from lease termination) or a "Good guy guaranty" (where the Tenant does what a "good guy" would normally do instead of disappearing on the Landlord overnight - perhaps used predominantly in the NY area?)

The house had been on the market a while and the seller just put in new carpet and floating floor wood like surface everywhere.  

Whether that be reading, attending meetups, listening to podcasts... what ever floats your boat as to how you learn best.If you are looking to invest outside of where you live (Town, city or state) I would suggest reading David Lindahl's book "Emerging Real Estate Markets".

Will a loan be as easy to obtain if the market is drifting down?  

Some sellers are floating a sale.

Or do I need to float a company/ LLC to differentiate me (as buyer) from me (as agent).4 - Do I get buy side commission on this?

A lot (not all mind you.. but a lot) of the theories floating around in the REI world are completely bogus.I will give you an example."

@Mark Cerminaro I do not have any concerns with the contractor's ability to float the costs until we sell the house.