you can go on crime reports.com and check to see if the neighborhood is safe.

Just asking - did you have concerns about owner-occ seller financing regarding the SAFE Act or Dodd-Frank?  

LTV is used when getting funding and the lender, in an effort to keep his/her principle safe, typically wants 65%-70% max LTV allowing for a 30%+ safety cushion of equity.Next problem is your offer process.

For me, these markets provide opportunity for short term cash flow investing or quick turns (flipping), but are not safe wealth building markets (unless you're buying at the bottom of a recession like 2009-2010).I'm not an advocate of cashing out of mature markets, to speculate.  

Besides being on top of repairs and providing safe, clean, quality rentals, we've sent gift cards to tenants when they've turned around things fast after we've requested it, like lease renewal responses/paperwork, renters insurance declarations, etc.

You may (I believe you will) be subject to the provisions in Dodd-Frankenstein and the SAFE Act.

Unless you see a recorded doc that transfers the property from the borrower to the lender, it's safe (relatively) to assume she owns it.  

To be safe the option agreement should state that option consideration will be credited towards the purchase of the property.

The only reason why I might not refinance this loan myself is because there is a possibility that I will work for the government someday (I want to eventually work as a federal prosecutor) and this would make me eligible for loan forgiveness.I think that it is safe to invest in something if you are beating your student loan rate.

Ricky, much respect for keeping the city safe in Lubbock!