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(There are other properties in LLC which we will continue to hold), so LLC is going to stay. 

Marg is on Social Security and is living with care.Kat pays Marg in Cash, in order not to jepordize the elderly womans (Marg's) SS.The FHA will not accept this, as they want to see proof of rent paid, but the sellers do not want the rent coming in as it could jeopardize their mothers (M) SocialS.The elderly woman owns the house outright and is quite flexible when it comes to payments and allowing my friend to possibly stay another 6 months in order to satisfy the FHA, but is at that point where she would like to get her estate in order for her will and would not be able to carry financing for a long period.

We had a girl who was head over the heels about the place at our open house, but her realtor has advised her not to put it under contract because he is confident it will get a low appraisal due to the appraiser only using in project comps (he also mentioned that it is a VA loan, and they are very strict about staying in the project).I also believe that the realtors are not even showing this to their clients because of the above reason (though we have had about 4 showings).  

Also, how did you calculate a positive cash flow if we stay with the 15 year mortgage?

It seemed like the renters I came across when selling stayed pretty long there. 

Man, that sound really stays with ya.  

I'm staying in touch.

Its not that its difficult or its something you have to deal with daily but you do want to stay engaged so it does not get away from you.  

Not only should the rent from the main house cover the majority if not all of the rent, so you could live for free, but then when you move you can rent out the guesthouse that you were staying in also and have a Cash flowing duplex.