Due to health concerns I'm considering retiring next year, and will need extra cash flow to pay for health insurance. 

Apparently, bond markets only needed a day to express that anxiety as today has been extra calm by comparison.

Also, by doing it that way there probably wouldn't be any extra cash....any feedback on this?

I found out there was a wood burning furnace which needs to be removed per the village code. 

Hello everyone, this is something I have been thinking of doing, I do not have any real estate experience nor do I have much extra funds, with that said would I be getting in over my head?

You should watch September 14, 2015 webinar titled How to Analyze A Fix And Flip Deal (And Avoid Getting Burned), which was led by @Bandon Turner. 

In most cases you'll find everything you need here on BP so don't spend any extra money elsewhere.

I haven't personally but I would screen them extra, and if they meet your requirements, I'd let them stay, but if they don't, I'd get a new tenant.

I definitely recommend spending some extra time estimating your rehab budget and then figuring in a good percentage extra for a cushion. 

And yes, some landlords even charge extra rent for the privilege of owning a pet; say an extra $15 to $25 a month for this (we don't..yet).For a long time we didn't change any pet fee to tenants who own pets as I've always had pets and did volunteer work in greyhound rescue.