I have always been interested in real estate investing and finally decided to get off my butt and get out there and make a better life for my wife and future child.

My renters reached out and asking if  their sister-in-law can move in and occupy 2rd bedroom with child. 

Beyond the structure, foundation, and drainage being very questionable to begin with, this is an urban D-class Section-8 pocket neighborhood because down the road there's a well-know church halfway house that also houses child molesters semi-permanently.This was where I learned that the cheapest property usually isn't the best deal for our operation.

The daughter doesn't have the money (here sister died giving birth to her third child so the parents bought this house for the son-in-law and the kids.

Our family is young, but growing fast with one child already and another on the way.We are exploring our options when it comes to investing in real estate.

This coupled with the birth of my third child. :) Any body have any good names or contacts?

As a child, the trips up and down were just child's play :)As an adult, I still get around fine, but would grow tired of going up and down stairs regularly to do laundry.

I would write down principal, I'd ask if that included taxes, "does that include insurance", do you have an HOA, is there a second loan on the house, a HELOC or any unpaid child support liens, and then I would say, very casually "about how much will it take to bring the house current?

I remember reading on BP a few years ago that parts of MA had something similar about an eviction stay during the winter months.Of course, the whole state of NY now has an option for a 12 month eviction stay due to "tenant hardship" which includes personal responsibilities such as child care.  

I hate to get personal and even say this but However, some underwriter may also consider the possibility of alimony/child support payments that may reduce your income.