@Melinda Pajak you can look into longer term debt through life insurance companies.

@Bruce ChangSend her a document stating no mold or allergens wete found and poor Housekeeping HabIts could be causing her poor air conditions .

The contractor and your inspector are going to be able to help you determine renovation costs, so get quotes and add on 20%.Talk with the RE agent about resale and rental values on the property in current condition and ARV (after renovation value).But the best thing about this scenario is access to the owner!!

This allowing the finances to update and improve the condition of the other 5 homes.

You need to do the analysis cash flow using tool, photos. down payment, interest rate, neighborhood type, condition like every deal posted. 

This is the first time in your entire life that you've ever invested 5 figures into anything with so much uncertainty.  

I kind of get it as I rent a small apartment and would want a notification as well I live a busy life and would not want someone coming in my place while I am not here. 

How do I/you get into the properties to see what their conditions are?

We'd still be paying the $137/month in PMI (which kills me to think about the waste of $42K over the life of the loan) and only be paying interest payments unless we can afford to pay extra for principal.

We are concerned about the overall condition of the property.