That should have tipped me off that I wasn't properly balancing the investment potential with our vacation desires.

I have options to purchase for whatever the loan balance is at the time I close. 

I'm looking at this strictly as a business and am looking to make as much profit as possible, obviously.Any insight on great upcoming areas, or any advice on when or how to do this PROPERLY, would be so appreciative.Thank you!

you have to negotiate with the bank before you sale on how much of the proceeds will be applied against the loan balance. 

The realtor tried to convince me that it would be a great investment, but despite REALLY wanting this property, I had to walk away.Had I ignored these expenses and not properly underwritten for management, capex and maintenance, I would have potentially been in a bad place down the road when a major item came along, like the HVAC, roof, etc.Moral of the story is to know your numbers and stick to them…no matter what. 

. - The current owner is offering a 30 year amortization with 10 year balloon on the balance after the 600k down.

I know if I try to do it on my phone, it doesn't work properly unless I'm in the App.

They routinely chase documents in the final hour instead of upfront and fail to secure the proper paperwork on time. 

Couple thoughts I have is get your phone bill and all other bills on autopay so you don’t have to worry about missing one ever again and to make sure the money is there consider keep a minimum balance in your account never let it dip below say 3 grand so you know money will be there.

I have decided to do a cash out refi, in which will give me a proper appraisal of the entire property, not a "drive-by" appraisal.