@Justin Tahilramani The condos are in 5 story buildings with no natural gas (in the resort at all)...and the only propane is to the pool heaters. 

Thats just the nature of home ownership .  

Updates include custom kitchen, updated baths, new windows, new door, modern laminated flooring throughout with new baseboards, tankless water heater, new light fixtures, beautiful landscaping.

Sometimes they're distressed and looking to move quickly, and a 203k can take up to 3 months to close. 15k is pretty light, and with that you'd qualify for a 203k streamline loan, which is a lot easier to deal with at least from a paperwork perspective.

I bought a historical landmark building, switched some exterior light fixtures, and the preservation people at the building department made me rip them off and replace them.

Do not take this lightly.3.

@Kati Finneran Hey Kati...first, good for you...by using BP, and seeking advice, you are practicing risk management...this is an excellent characteristic and one that should be expanded upon going forward...second (and the following advice/statements are very general in nature as I have no knowledge of your deal's specifics or your personal situation), I would move forward if you are willing to educate yourself on the nuances of being a Section 8 landlord...there are some important government-related strings that come attached with subsidized housing...third, I would move forward if you can secure financing that is acceptable to your situation...fourth, I love the HH strategy and were I you, I would make a small investment in Craig Curelop's book "The House Hacking Strategy" so as to learn as much as possible about the approach...finally, in response to your last question, we are always looking to acquire the right investment - always!

@Nicholas Pedrick we like properties that require either very light rehab or none at all.

Hi,Hopefully I can shed some light on this.... 

Added to that were comments of a very sentimental nature about it being "her home" and how my dad and her were "planning a life together," and clincher -  "Your dad said you would take care of me."