My concern is that I do not want to own a property which I intend on rehabbing onlynto find out I am not the owner.

If you did, based on an appraisal or what valuation method?

From you post, it sounds like you are concerned about resale value - if you want a 2nd set of eyes on the numbers and possible resale concerns, let me know - I'd be happy to take a look.

Seems like this method gives you a better chance at being successful.

This tenant has been amazing, and I have no concerns about him not paying us or damaging the property, but I just want to make sure I am protecting our interests.Thanks!

As for HELOC to pay off your mortgage, the concept really caught my attention, so I did a lot of research and ran various scenarios using an amortization table using the HELOC method vs making extra payments.

My main concern, quite frankly, isn't the cost, but rather their inability to predict my market or the lack thereof and how to truly overcome a terrible income disparity where I currently live.

I don't know the legalities of this, but a seller long as the seller knows what isn't happening and the deal is a good deal, me as the potential end buyer is really only concerned with the numbers.

The new 200 unit building and the decrease in enrollment would be two major concerns. 

Open to ideas and suggestions as well as connection to Wholesalers and other fellow investors from all over.Welcome to add and PM me directly also to email or find me on the FB : Danny Trestian Also great Mentors in RE investment / Flips and other methods such as buying off the market / buying for cash flow high yield properties / multi unit commercial residential units / Flips and other methods and options.Looking forward to hearing from you,Danny Trestian