We wont be moving down for around 5 years.Thanks, Roxanna

a 14% rate will destroy your numbers on buy and hold.btw,, its kinda funny how using your credit kills your score. 

As far as CBS construction, I can see where that makes sense in markets like Fl and others prone to hurricanes and wood destroying pests.

Depending on how the deed will be conveyed to you, it wont have a the general warranty of clean title.

This would drive my decision if I were you.http://www.investopedia.com/terms/b/back-endratio....They wont let you use the rent income for 24 months, or two tax years which ever comes firsts.

An inexpensive termite inspection is simply a visual inspection of the readily accessible areas of a home for evidence of wood-destroying insects.

BP wont allow me to post contact information, but you can just Google it. 

We wont have to refinance to pay him off and once we do pay him off this thing will be even more than a cash cow than it already is.

My office is less then a mile from them, and I still wont use them.  

@Branden Vandette  property tax's wont hit your fico.. but I don't know about utl bills if the property was in your LLC name then it would not affect you personally.I have seen some very large water bills in my days in Wayne county... they were liens not sure they are picked up by FICO... someone local there could probably tell you or a lender could tell you.Account Closed  not exactly correct on FICO and private or HML.. most will run credit and make a determination on your credit strength.. not all but many so its not a blanket statement that can be made.