@Eric KajkaTHanks for the post   1) your FIL  will have  approx 2-3%  of selling expenses  assuming there are no realtors involved ..assuming 600K sales price  and existing loan amount  he will likely  net   a bit under the  400K  needed for AZ house ...he  will also likely have  some  costs  involved  with moving and buying the  AZ home .   

You can only get the FMR listed on the HUD site if the tenant moving in has a voucher that meets that amount.

If the numbers makes sense, which likely they will since you inherited the property and there is no mortgage, then renting it out debt free could be a great move right now. 

Recently I moved my rental properties into LLCs and opened business bank accounts that correspond to the properties. 

And there is a big difference between a German duplex and a Polish Flat - the polish basically moved in their own basement and rented out their house.

Hey Martyn, we are in the process of moving closer to Ten Killer and was curious if you have found any local meet ups for investors?

I just retired from the military, and REI (specifically MHP's) is now one of the main things I am focused on as I move forward in my life.

My market timing has never been fantastic and, it seems, my move into real estate is no different LOL!

I would not count on property in this area dropping, there are too many people moving here every day. 

Not enough matching doors - replace closet doors with bifold louvered doors, move other doors around.3.