The rental market in the surrounding areas are strong and have an equal if not lower entry cost than even using a FHA loan in the current market for the SFH.What would be the issue, outside of your paying someone else's debt off and not your own, with getting a couple multifamily units and leveraging into the area and house you want while paying rent?

They are also going to want to see some strong experience, especially on the larger deals. 

Add to that, the strong performance of suburban office, as companies are generally departing the city centers, retail confidence rising and people wanting to spend, and all of this will start moving money back out of multifamily and into office and retail again.  

I'm a little local handyman landlord just outside of Pittsburgh with a tight little self-managed C-class portfolio, for instance.Here, in low-rent single family and small multifamily, the name of the game is finding that one good old building with strong fundamentals going for it out of ten other true moneypit crapshacks that are really ready for the bulldozer.You get nowhere here unless you screen like crazy and put the people you rent to under a microscope.

They will get a discount to deal with the problem.I would strongly advise selling the property right now.

A good strong offer and the ability to close is what it takes.[2] And with Pics some people might be more inclined to sell to black family (or some other race) (to "feel" like they are giving them a hand up--illegal too)///look at all of the volunteers for Habitat for Humanity and such--they never come out and swing a hammer for free for me.

I strongly recommend Adam at Conerstone Roofing. 

@Robert Keeling I would strongly advise that you get a CPA.

Still going strong because the area is now a highly sought after and desirable place to live among young professionals.

Still going strong because the area is now a highly sought after and desirable place to live among young professionals.