I have not spoken to a loan officer yet as I'm just practicing the routine of analyzing deals, so I'm not sure if this is very realistic, but rates are very low at the moment.

Just make sure you keep up with any routine maintenance to avoid major issues in the future. 

@Ethan McCarty  We routinely have guests in that market that specifically ask if it will be decorated for Christmas so we decorate.  

Portsmouth hasn’t been the friendliest investor city in the past (I.e. high taxes, strict rules, etc.), so I’m curious to see how it’s been for you and if you would invest there again.

Once a year there’s a jerk that honestly it’s disgusting but we have pretty strict rules that mostly everyone follows.

I do own real estate out of the country free and clear so I could move there and use this property as strictly an investment if needs be.Any advice would be greatly appreciated.Andre’

If you want to sell it under the 90 days for more than 20%, packaging it with a business entity and selling your interest/the entity itself as J Scott mention is the way to go.There are some bank addendums that strictly prohibit a sale within a set period of time.

But you should be able to get conventional financing.If you have it in your name and move it to a LLC, then, strictly speaking, you're violating the due-on-sale clause.

With the rise of burglaries and vandalism, insurers are getting very strict on the application of policy, especially to landlords.One important thing to remember on coinsurance is that though everyone here is referencing an 80% coinsurance agreement, this does not mean that EVERY coinsurance agreement is 80%.

Strictly speaking, you need to go through the motions of an eviction, even knowing she's not coming back.