I loved the time saving benefits, but I didn't see myself spending $50K on that.

If you have trouble flipping it quickly, which, you very well may depending on your area it could become a money pit and you would essentially be shooting yourself in the foot at the start line.

Plus there is the added benefit of not having any of the red tape that accompanies an FHA loan.

Essentially if the tenant holds over until closing either you can refuse to close.

The public framing, of course, is that he must be kicking poor people out of their homes to make a buck.In the end, this case study shows us the benefits of using LLCs and property management, not only for legal protection, but also for personal protection.

It is an animal that works, provides assistance, or performs tasks for the benefit of a person with a disability, or provides emotional support that alleviates one or more identified symptoms or effects of a person's disability.

Hopefully rents will slowly increase over time at a rate faster than expenses as the mortgage gets paid down and all the other REI benefits are realized. 

Recently I was made aware that she has an oil leak in her car and essentially caused 3 giant oil stains in the parking spots.

Would it be possible to have the seller retain a partial ownership interest in the property as a TIC and then have them essentially phase out their ownership interest over a period?

Currently I work 35 hour desk job with good benefits so it makes my two hour commute (daily) worth it... for the most part.