After meeting with the seller, I realized he didn't need the proceeds right away, and saw the potential for an Novation.

This strategy allows you to potentially make a quick profit without the commitment of having to live in the property for a certain period of time.Alternatively, you could also look into investing in rental properties in different cities where you have connections or where you see potential for growth.

May have been a simple 1-time poor cleaning job.Lot of potential causes.So I’d show the cleaning rep the pictures.

These properties have the potential to generate a total rental income of $8,700 monthly.

Furthermore, the long term appreciation potential of a property is just as important as the cash flow.

After 3 years, it becomes a tax deed and you could potentially file a quiet title action to gain title. 

Qualifying for the lowest rate possible and putting a large down payment are a couple of ways to navigate the potential ratio issue and get closer to the number you need to make it work. 

Whether it's conducting market research, evaluating potential properties, or assisting with administrative tasks, I am ready to roll up my sleeves and contribute in any way possible.

However, because you are planning on doing reno, you could potentially qualify for a refinance.

Other benefits: Located in a growing area, and have a full bar Liquor License and a bar that is currently not occupied (A lot of potential there to sell alcohol).