Please note, based on the numbers provided you will not be cash flowing. 154k loan amount - 30Y fixed  4k in annual taxes & Insurance 7.75% Rate Monthly PITI Payment = $1,436.60Your estimated rental income is only 1k-1.4k per month.

You can look at the relocation as an investment in the property since it will be an issue if you ever want to sell.Years ago we only provided w/d hookups, but these days we include w/d in all units, raise the rents accordingly ($25-50 per unit) and enjoy some extra cash flow.

I could only get 1 DSCR lender to do 1 of my SF properties due to the low ARV, the fees and interest rate are absolutely not worth it.Are you bundling properties together when refinancing? 

One of the cheaper shed doors needs replacing…However, it’s a dream house in a dream area (25 minutes to dodge ridge ski resort) and was our dream home because of how perfect it was for us at the time.

(If you are going to do this right I would say $5K a month and look into incoming lead sources like facebook and google pay per click.)Good Investing...

However, I don't like the potential constraints with growth on this (territory size, royalties, franchise fees, etc).I also like the idea of starting my own business from the ground up. 

Before that, I engaged in the Vero Beach, FL condo market, but opted to sell my properties there due to weather and rising HOA fees.

With late fees, per the contract, they now owe her more than $50,000 to date.

Ahh ok, so essentially if she assumes the remaining mortgage at $200,000 + $30k option fee, my tax obligation would be on $230,000 (not discussing capital gains work arounds...)?

Agency - as expected, always the best rate and lowest fees.