Timing of the sale of each might be an issue, it's a complicated strategy you will want to think through and plan for before you list either property. 

I like to point out issues to save you time and money. 

We must send you a letter before issuing a fine.

When there is no buyer's agent, the seller's agent keeps the full commission amount as they technically become your agent as well and will represent both sides in the transaction. 

Courts have ruled inconsistently on these issues. 

Obtaining competent management was an issue, I have no confidence in the service personal in the local area.  

I've had broken windows, paint, and plumbing items flagged for repair but never stairs; although I have seen some really poorly constructed staircases and it's not terribly surprising to me that something like that could get flagged.Ultimately It's negotiable with the seller, although you should come to terms with the fact that you're an FHA buyer, and the seller would not have this issue with a conventional buyer; it entirely depends on your circumstances whether this is actually something the seller should pay for or not. 

Hey Alan, Technically this would not be considered an investment since you have a relationship with the tenants.

I have had to evict one guy for non payment of rent and evicting a woman on Tues for non payment of rent and disturbing the peace with her mental issues.

We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he thought he wasn't eligible because he was no longer technically employed.