If he doesn't agree then, you have to decide how much you want it and if there is otherwise an upside, like the ability to cut expenses over time.

As Joel kinda said, we don't know about her abilities or her goals.

The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot home will cost $90,000 to $102,000 (sans land) How many 16x80s cost anywhere near that amount?

I worry about the title being clear and my limited ability to estimate rehab costs.

Once we put you on the MLS it automatically kicks you out to over a hundred websites so everyone has that ability in regards to marketing.

I hate offering too many payment date options but I'd also rather not throw a decent tenant out that has the ability to pay on a date other than the 1st.

They may desire a garage, you might point out storage areas and ability to drive up to the door for easier access, whatever, but they have to call you to find out.

We sold the property for $130k within 3 months, and my friend netted over $20k.My primary advice is buy equity up front and have the ability to make money selling it if you need to.

BTW, under either, you need to know that the seller has enough to lose and has the ability to pay any amount arising from default.You can have a sale contract and a lease agreement, the sale contract can terminate upon default under the lease.

Cutting your living expenses this way goes a long way in your ability to save up for more units.