I would strongly recommend looking into North Jersey suburbs as there are a lot of great starter homes for $500-$600k, that are nicely kept and renovated.

Our trustee had me sign to accept sale of our house sale under contract but he added a sentence that I agree to 5% realators commision.

We've raised the rents and are getting ready to sell 3 renovated homes on RTO contracts.

My friends rented a room in their house.

I have four SFH's on Long Island and I have had very good success with section 8 with these houses. 

My cash Refi at 60% LTV would be $105k which would leave 8450 investment in house.... keeping house as is not adding bath is Cash on Cash Return of 7%.3/2 would be...Total investment for this option is $138,450- $2150/monthly or $25,800/annual with all annual expenses totaling $17,344 with positive cash flow of $6652 (70% CoC Return) .My Cash Refi at 60% LTV would be $129k which would leave a $9,450k investment in house.. adding a new bath would be a Cash on Cash Return of 70%. 

It's hard to answer without knowing this.Hi Tim Yes I am buying it as primary residence, and plan to share room on first year, and rent out entire house on the second year !

Our 3 options are: A- buy cheap housing in small college town.

I also have some kind of language about that the house rental is not a guarantee, until the background check is completed. 

Hi, I'm seeing a lot of great opportunities for houses that are up for "auction".