But some areas are nice and well developed.

@Jose Castillo, Nice!

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

It sure would be nice if they had a department or employee in charge of explaining the ins and outs of the program they want everyone to use. 

I would be living under the same roof, different unit.Property numbers that I've thought about:Listed price: $79,0003 units (currently renting at $425, $450, landlord/$0) - month-to-monthRight across from school, in a Class C neighborhood, street on nicely kept residential with regular police presence, but sketchy loan places within 5 minutes and crime map is full of "disorders".House built mid-1800sMonthly ExpensesTax -- $138.75Insurance -- $62.50Utilities --$60.00 (split with girlfriend)HOA -- $0Vacancy -- $60.00 (5% of the time or unless I really mess up Valentine's Day)Repairs (cleaning) -- $100.00CapEx (replacements) -- $100.00Prop.

It would be nice to buy an occupied rental with a long-term tenant at market rate that was properly screened and has no issues.

Paige isn't EVER going to be let in no matter how nice and "lady like" and polite she might be AND if she did get in they'd probably just sexually harass her. 

If you cant refi my bet would be to pile up the cash in a separate account so that you can build up a nice down payment for another duplex. 

I plan on refinancing afterwards so any good lenders in the area would be nice to know of as well.

This could allow you to get into a nice place and likely live nearly mortgage free!