In general the best (most profitable) angle, although the most difficult, is to sell the totality of units as a package... which requires everyone to be on board to sell.

Dave Ramsey is an expert at getting out of debt and you may find it helpful to listen to his podcasts, read his book the Total Money Makeover or watch his debt free screams on YouTube.

I actually just synced mine and it took a total of about 10 seconds. 

Adding almost another 500 sq ft to a 1,000 sq ft home for $20k is totally worth it in my opinion.

Bottom line is they will want to see that you have 20-30% of the total loan amount in liquid assets, or convertible to cash.

i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers                                       MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment                                     MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal

They could have expressed interest however that could be 10 years out.On the idea of the government selling you the property - it is a possibility but I imagine the building would need to be demolished or totally renovated to make it usable for the general public. 

($15,000 is not the total, but I'm a person who prefers to have a financial fission of 3-6months.)

I have both a Roth IRA and a Roth 401(k), to which I've made about $60k in total contributions. 

I have the same format and I am finishing my attic this winter/spring.My thinking is that my property should appraise for more than this comp which would give me somewhere between 14-18% total equity.I could pay down the difference and hit 20% and refinance to get rid of PMI which justifies the higher interest rate.