They are important only to get your offer accepted.You should be looking for money as hard as you are looking for properties and keep a stable of lenders, large and small, in your back pocket.

She is employed in a stable but menial administrative job.She purchased the property from a friend of mine about 6 years ago. 

Southwest Detroit is kinda stable. 

Im starting to look at the pros and cons of my initial deal:Pros of keeping duplex: More stable predictable incomeEase of not having to sell and buyEasier exit, larger buying pool, and more room for appreciationPros of buying cabin:Higher ceiling for income, but also some potential for lessLess headache compared to managing own propertyAble to use property for recreationGet out of updating duplex propertyseems like almost a coin flip, wish there was a way I could keep duplex and buy cabin as well but with 2 mortgages I think I am tapped.

im 20, have a stable job make 14k a year with that not much but been working their for 2 years. also i might not have to use all the money for the repairs I could use credit card limit is $5,000

Kids didn't have any money, credit, or stable employment so she was helping out.

Unless rents are extremely low in apartments in an area you'd be comfortable renting in with a teenage daughter, you may end up in a tighter situation than you're currently in when considering repairs, moving costs/stress, potential for future repairs with tenant in place, and liquidity to get a tenant in place.This could definitely be a time for creative solutions like taking a withdraw of principal from a ROTH IRA, or good old-fashioned elbow grease with a second job or freelance work for extra liquidity to get you to a more stable arrangement for you and your daughter.From one father to another, you will find the way to make things work and take care of business: it's what we do.

Same deal when they get out, but that is at like 3PM so most people that work won't be around for that.One thing to keep in mind is if you get a young family with a kid in K and like a 2yr old is parents don't like to switch the kids schools unless they have to move so if they have stable jobs and you don't do anything egregious you might be able to keep them for 8+ years pretty easy. 

Joe Villeneuve is right on, I would quibble a bit with the $5 mil requirement, (though being able to buy a neighborhood greatly simplifies the need to identify stable areas) but overall the points are right on.

It's just that in my area, rents are pretty stable.