One of my biggest questions is financing.  

I think the biggest unknown is can you run it as an SRO.  

The biggest problem in your plan is the lack of a plan.  

But new A/C and furnace is probably two biggest expenses.

. * And of course one of the biggest benefits for the owner/investor is that when doing the lease option, the tenant will be responsible for all utilities and maintenance.

everyone said quitting their full time job. i work for the city and the biggest benefit of the health insurance is only a few dollars per month for my family. i went to those health insurance truck that parked on the sidewalk to get a quote. i am married with only one 2 year old and planning to have another one. they told me with my salary. it could cost me about $500 per person/month in my household. let just say without the 2nd kid. it will cost me about $1500 per month for 3 of us. that's without going to the hospital or anything happen. i want to quit my job too but my health insurance will be from a few dollars for my family per month to $1500 per month. what's your opinion?

Every time I run numbers on what my "freedom number" would be, health insurance seems the biggest obstacle.

. * And of course one of the biggest benefits for the owner/investor is that when doing the lease option, the tenant will be responsible for all utilities and maintenance.

Or just walk away, keep my money and look for other games to play at the casino?

. * And of course one of the biggest benefits for the owner/investor is that when doing the lease option, the tenant will be responsible for all utilities and maintenance.