Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

I felt like checking a little bit more so I ran a proper background check on her and was shocked to find that she has multiple felonies including jail time.

What are the issues to pay attention to in Kansas City?

At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.

The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.

One question that you may not want to post here for legal reasons, is how much are you paying your PMC?

Pay for the repairs needed and then get it rented again.

Also, most Umbrella Policies only pay out if your underlying policy pays out, and the underlying policy will do everything they can to find an exclusion or that you were negligent (which you probably were) in the cause of action to get out of paying the claim.

If you don't know how to do this properly it can be detrimental. 

And how do I roll this into a cheaper mortgage (my dti would be too bad for another conventional).Maybe a lender would be able to consider the electric "working" with the proper inspection?