I had 24 hours to check it out and make sure we wanted to go ahead with the deal.How did you finance this deal?

or am I just financing straight $180,000?

Once the money comes in I am trying to decide if I should either sell that property and start over (I'll have about 90-100k) to possibly buy two properties, or should I go ahead and do a cash out refi and keep the property.  

Keep in touch with them as their turn is coming up, like two weeks ahead to confirm.

But to those that want straight to the point in your face 100% facts and uncensored... it is very helpful.

Hi Jean,Stock it with fish and have fun fishing all summer.Plant wild rice and maybe Ducks will show up--beautiful creatures to watch, and some people hunt them.Build a dock and toss in a small row boat....for romantic evening rides and something for the kids to play with.[1]>>> Have it tested for chemicals...some of these ponds have a years of farm runoff in them--pesticides and manure--it would be a shame if it's toxic.[2]>>> See if the sides go straight down (like a farmer scraped it out for whatever reason) and it would be dangerous vs. like a beach.Good Luck!

You are definitely a few steps ahead of me but I love the motivation!

The advantage of not having her own the property is if down the road she needs care it is income to her and not a straight asset.

Going to come out about 70k ahead in 9 months time.Lessons learned?

Since you have to be an active agent for 3 years anyway, go ahead and get started.