I feel more comfortable upgrading prior to attempting to sell, unless of course the house does not need that much cosmetic surgery.

.- How will the people living in the unit treat the place - Checking with past landlords and making an assessment of the people should answer that question.If their previous place was taken well taken care of and you feel comfortable with the church as the guarantor, I would have no problems.My two cents.Oren

Personally, I would not feel comfortable with that - but that's me.If this is a 200K home now, what was it worth when she got her last mortgage?

Your job is to determine how big of a segment that is in your area (will depend on lots of factors), and then determine if you're comfortable trying to sell a house where the buyer segment is that much smaller than the total buyer pool.

Or if you can show a track record of closing deals the seller may feel more comfortable.

If you want to get the best tax benefits you will buy and hold for residual income.Payroll tax delinquency is very likely the number one reason many business owners are in the hot seat with the IRS.

Of course, I will typically wait a few business days to feel comfortable that there will be no rescission of the sale.

I was a little hesitant but he said he had done a lot of research on the area and checked everything out with street view and was comfortable renting it without seeing it.

If that's the case, you'll have to get a transactional loan.Even if you don't need to have the transactional funds in place, you'll need to verify who the certified checks should be made out to and know that the title company is comfortable doing a double close.

I think that you can be more successful davka because you are a womanThere are many women sellers (widows, divorcees,inheritance) that they would be more comfortable dealing with youFor buyers you don't have to worry.