@Dana Burns Repair cost is kind of a big deal.

Great room with wood burning fireplace.

@Dana Burns Find the recorded Assignment of Mortgage, listing the seller as the current assignee

I've been burned by unlicensed handymen in the past, even those referred from a friend.

But this is you trying to get feedback on analysis, not really looking to buy this property with your money burning a hole in your pocket, so I'll skip most of my usual line.I'm coming at this as a local investor in western PA with a portfolio largely consisting of SFR acquired below this price level, at about this age.

I think my rent is now 10-15% below what they would rent it for if I were new off the street, and if my landlord were to raise it all in a year, it’d be a bit of a bitter pill to swallow and burn some good will; it would certainly send me at least looking for another place.$650 / $500 = 1.3For those 2 tenants, you’re wanting a 30% increase in what they pay in rent.$650 / $425 = 1.53For that one stable tenant, you want a 50+% increase in what they pay in rent. 

I'm just starting out in my career in commercial real estate (corporate gig) and my pockets aren't fat enough (yet) to start buying my own properties.

Does the guarantee burn off at some point in the primary term of the lease?

i'm really hungry to buy my 1st property (live and flip) by feb 2020 as a goal. i was on a roll earlier this year, but just got burned out checking dozens of houses in person every weekend. would love to know if i'm reaching here based on the details of the deal. it misses all the guidelines (aka 1% rule, 70% purchase) so just trying to have people keep me honest.goal is to live and flip. back up exit is to rent it out. this would be my 1st property so huge learning step for melisted price: 225kpurchase price: 207kno major updates except some minor fixing/upgrading that would cost about 10k (dad's the general contractor)based on recent comps (provided by agent): arv around 235k maybe 240-245krent for similar: $1800-1900 (pushing it)i'd live here for at least a year, put down 10%the really big positive (i think) is that the property is in a desirable school districti can try to provide as much details as possible.thanks.

Must have fat-fingered that one.