Be careful about partial gift/partial sale treatment if you’re buying it for such a good price.

It is also changing all the time as there are so many more tenants than LLs and politicians are hungry for votes and attention. 

Now both of us are working so we might just be able to make it and take care of other expenses but our monthly savings will plummet. 

Thank you for all the info, I will follow your recommendation and move forward =) thank you again lady, take care!

If your primary goal is keeping the tenant why do you care if she has a dog.

They might be OK at first, some of them, as long as you take care of them later. 

Be Careful on a fix and flips, you can get in trouble, even if you have some construction experience.  

Asset-based lenders are still lenders, and lenders care about your ability (history) of repayment. 

In PA you need to be careful, the state is pretty good about catching onto deals and consider places sold. not only would the owner have capitol gains but then he and you guys would have to pay transfer taxes as well, total of 2% ( 1% each usually). 

It cash flows every month and it works.Also, be careful about banking so much on the appreciation, that's some crazy growth you just mentioned!