Hi, I'm Danielle from Louisville,KY and an extremely new to this concept but so eager to learn! I just finished my Pediatric Emergency Fellowship so more free time to learn a new topic. My husband is a relatively new ...

Nice to hear you are on your path at such a young age

That is the definition of a go-getter!

You will definitely want to add an addendum to the new lease that confirms that it will be replacing the old lease. 

I will definitely look into that.

Fernando mentioned nothing about "flipping" and Flipping IS NOT investing.For many reasons, both flipping and investing in such a small market is significantly more risky than in a larger market.Based on your response, my first question would is why would you give a definitive answer on a market you know nothing about ?  

The house is under a flight path and it might provide noise insulation as well.

Definitely use this site and check out the webinars that I believe are once a week.

I am meeting with a tax person tomorrow to discuss my plans.As far as the capex, I was thinking I should really use the 18000 initial investment number for CoC because I definitely will me saving that money back with the cash flow.

I'm definitely convinced of the 30 year loan now.