An alternative I’ve heard advertised on the rental income podcast is the guarantors…https://www.theguarantors.com/I only suggest them as I’ve heard them advertise where landlords are and haven’t heard of Rhino. 

You have an S-corp that is generating income.

Find a way to pick up some extra income to get your emergency fund back to that $30k. 

Allentown is still low income and developing slowly but nearby Bethlehem is doing well in recovery from the downturn.

Is it possible to increase your income with your current full time job to get the down payment yourself quicker? 

I would really enjoy learning from others investing in this region and hearing your experiences with Prop Mgrs, Contractors and Rental income. 

If you are renting for $1200 a month and can't then you have lost that income for the year, so you are really at $1100 a month. 

This includes comparing the overall cost of financing throughout the course of the loan, including interest payments, to prospective rental income and property gain.

It's section 8 approved and is currently bringing in about $14,000/month in rental income.

Do you want to generate passive income or are you okay with negative cash flow?