So, they don't want it but even if you say ok, it'll be worth it due to the costs.

The seller sets the price higher than market price and between the down payment and any monthly principle payments the price eventually gets down to market price by the time the tenant could potentially buy the house.

I believe that the cost at the Embassy was about $50.  

Those two items added $6850 that included labor costs to our renovation costs.

However, I've come across one potential issue that I'd like to clarify.I've read some articles suggesting that in Oklahoma City, it's not possible to purchase a property without using it as a primary residence.

Finally, how can I estimate the costs for repairs?

Partner Driven was attracted to the E Church Street deal in Stockton, CA, due to its potential for a solid return on investment.

Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).

It defaults to charging the holdover tenant 10% extra rent plus any additional costs including attorneys fees that their change in move-out date costs you. 

Louis, MO: Affordable, but research neighborhoods carefully.Richmond, VA: Growing, with a strong job market.Louisville, KY: Affordable, with gentrification potential.