If you decide to replace it, you may want to consider vinyl, the new solid core stuff is nice.

The nice part is that I need $27K down payment for the $135K property and $22.4K for the $112K property which I will use the line of credit to pay for.

Also, they apparently do not allow inspections so basically when i visit the property I better look over it well.

I am getting ready to visit my first few properties as an investor :) Pretty pumped to be taking an actual step instead of reading and listening to podcasts (which are still great by the way). 

Yea, A nice round $2000 bill seems like a made up number.

Irvington is a nice area. 

Nice looking from the outside.

@Jeremy Zwicker: I like the Antigonish market as well , most are certainly cashflow plays as there is little to no appreciation there, however, if the property is well situated and you provide a nice living space, you will have very low vacancy due to the high demand for off campus student housing and rents are comparable to the HRM.

I have been in Austin many times and it is a nice city.

Personally I would be happy paying less than I am currently on rent ($1750), if it comes with some nice long term appreciation, and the potential for cash flow as equity builds up.Thanks again, and I'll be sure to reach out once I have a better idea of where we want to go.