For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector.contractAn oral or written agreement to do or not to do a certain thing.conventional mortgageRefers to home loans other than government loans (VA and FHA).convertible ARMAn adjustable-rate mortgage that allows the borrower to change the ARM to a fixed-rate mortgage within a specific time.cooperative (co-op)A type of multiple ownership in which the residents of a multiunit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit.cost of funds index (COFI)One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages.

But I think the issue in this thread is the OP thinks thats a rip off because he can buy it or put it together for 60 or 65k there for the out of area client is getting ripped off.. 

So I do understand now wanting them to be a tenant and also the fear for the OP in regards to having her daughter with her when performing repairs. 

@Michinori Kaneko in your OP you stated that "there will be robots replacing our tenants jobs".

Is a one year commitment and/or $1,000 early termination fee that OP spoke of normal?

Originally posted by Account Closed:I dont know why people give up such personal info but OP did........lol. 

@Donald Green Based on your OP, I am guessing you're talking about lower-tier class C and maybe D props with Section 8 tenants?

Not because they were unable, but because they decided not to after taking my house off the market for over 1 month.Per the followup post from OP, the buyer was "preapproved" and then "...never went back in to finalize their loan."

Fort Bragg is a high op tempo base and will have people always moving in and out.

Also just some fyi if you go owner op you will have to wait either 1 or 2 years to show stable income.