Other than that my searches on the topic in Pennsylvania have lead me to the following conclusion:- if it's a killer deal, put it under contract with option to assign and figure it out later.- if it's a good deal that you can buy buy it, if you can't buy it send it to another investor and build relationshipsI am possibly missing other possibilities but none that I found simple enough.The problem otherwise in trying to monetize all ok-good lead is trying to analyse everything but not everything is worth it.

So in conclusion, if the buyer agrees to pay the closing costs, make sure it says "Buyer will pay ALL closing costs" on the PSA.

My conclusion, and this was a conclusion based on my own situation, was that both hard money and conventional debt should be present in my toolbox.I was able to find a bank that gave me a revolving LOC at 1% over prime, collateralized by a portion of my rental portfolio.

I have come to the same conclusion you have (to add them into the original loan -- and note in the comments what the repair costs are)

Bill I have come to this conclusion not from experience (fortunately).

Do you have conclusive and specific details to demonstrate the cause of the damage?

With all this being said, I've done research and come to another conclusion which is:If you increase rent 10% or less you can give tenants 30 days notice if they don't agree to the new rent.If you increase rent more than 10% and your tenant does not agree you have to provide them with a 60 day notice.I would stick to the 5% plus inflation to be a reasonable landlord, but I guess it comes down to what you are comfy with.

Well after weighing our financing options we came to the conclusion that it may be better for us to go with an FHA 203K since the rate is only 3.5%.

I'm grateful you posted your conclusion to save $25K and not rush to pay off your student loans.

After taking a little time to think about it, I've come to the same conclusion.