If he will be an owner occupant for at least a year, there are two other possible loan options with low down payments.

I have the financial means to make the payments if my father wasn’t able to do so but he is on 100 disability from his time in the military so him not paying shouldn’t be an issue since he has automatic income coming in each month.

@Julia Fair My wife and I live in Doraville, and if you'd ever like to network / talk STR over coffee, we'd love to connect with you.

I owe you at least 2 cups of coffee, 1 for each year of this rediculous lease.

And while Bigger Pockets is for investors...will this be an investment property? 

Do you want to be an active investor or is a passive role more your speed?

Pros - My PM is fair and honest, makes reasonable decisions, is a decent handyman, builds valuable relationships, is easy to contact, is very cost effective, strong and handsome.Cons - My PM tends to read the news and drink coffee too long in the mornings, takes too long for lunch, randomly stops working in the afternoon, will spend 8 hours working on something that takes a professional two hours, drives a crappy Ford Ranger and buys work clothes at Goodwill and is neither strong nor handsome.

I hear several time that I do not need to be an expert of the transaction and paperwork procedures, but I do need to understand what is happening and when it is happening ( we never go blindfolded for battle, right?!).

When you're in town let me know and we can grab some coffee.

I'm not a financial analyst by far or claim to be an economist but around August 2019 you should see better deals.