I just want to make sure im not going over my head if anyone thinks i left something crucial out let me know thanks for all advice and questions!

The way I look at it, there's risk with having potential unexpected costs up front with the home but could easily be rewarded by making better use of the property.

Water penetration can cause of lot unexpected expenses.An aged roof is not a problem as long it isn't leaking, bring in a professional roofer, he would be able to easy you mind about it, even if it looks aged, you may still have some time before you need to change it.Do check to be sure but, siding seems to be the least of your concerns, you don't have to change the whole siding because of a few pieces.

Allowing borrower to capitalize the loan and pay 1/2 the points and all interest on the back end plus building in an extension if needed (she will use it due to contractor delays and unexpected knob/tube wiring issues) What was the outcome?

Cons: most trim has to be pulled or it will look weird, then reinstalled, cost, switch and outlet boxes sometimes don't fit right, window trim usually needs to be redone. 3.

Aside from keeping an emergency personal fund & some for unexpected housing expenses, I am debating between:1) Paying off both the 1st and 2nd loan completely to reduce debt to income ratio, then begin investing2) Paying minimal payments on student loans ($553/month), not refinance the 6.0% loan so I can use the payment plans from FAFSA (IDR, PAYE, etc.) then using the leftover funds maybe $10-$15k to get an FHA loan and purchase another Single Family Home then rent out our current home.

Find a  Skip tracing company with flexible pricing options and no long term monthly commitment if you're just starting out. Let

I will definitely reach out if I have some questions or have a property that I need to sell or rent out. Lets

Prior to closing I had a home inspection done on 9/13 and it came back with minor issues such as 1) hole in siding near AC condenser needs to be sealed, 2) GFI outlet at rear of house will not test 3) AC condenser needs cleaning 4) leak noted under kitchen sink 5) no door return installed on front of security door and 5) could not enter second bedroom at time of inspection, inspector was told occupant had Covid (a convenient excuse I'm sure).

Lots of unexpected things and this is my first flip so I've obviously made loads of rookie mistakes.