With our new mortgage our cashflow is now is about $350/mo. There

Now when I am trying to refinance it, appraisal is coming at $230K as appraiser is not considering the 1 bed , bath and extra square footage that is part of the mother in law suite.

I remember reading about one couple who bought a typical SFR with a small mother-in-law unit.

That’s a lot of adjectives for someone who seems like a pretty normal husband, particularly after the otherworldly marriages of Melania Trump and Mother Pence.

I’m certainly not shy, and I’ve seen a couple options - I live near a hospital, so with nurses etc could go that way for long term rentals potentially

So my fiancé's mother is owns a three family home.

So I ran my little smuggling business, paid $5 chits for 50 cent Doritos, and stashed all the cash in a big manila envelope that I wrote my mother's name and address on (they weren't allowed to look at your mail).

I figure by staying for my full GI bill transferability, my wife will stay for hers, and by going reserves, even if I screw EVERYTHING else up along the way my kids will get to go to college and not have to pay for our nursing home!  

Here are the details:- Mother owns a home in upstate South Carolina- $170k ARV- $58k mortgage balance- The remaining equity is being gifted to me- Approx. $12k in renovations necessary to make rent-ready- Work mostly done and renters expected in by Feb 1, '21 if not soonerOnce the renovations are complete, which should be done before end-of-year, I can purchase the home from my mother; however, it would behoove me to spike my credit score by paying down some personal debt (which I intend to transfer to the equity of this home upon closing) before originating the conventional mortgage on this property. 

They are considering buying a house here, but my mother wants to rent first to see how she feels about Arkansas and look at houses.I am intimidated by the prospect of becoming a landlady and thought that it would be a good opportunity for me to ease in to it by renting to my parents as my first tenants.