Why lose income?

I also find myself in this predicament but I will tell you that I wouldn't recommend essentially buying sight unseen, and if you put in an offer most LA's if they accept it will allow you to "view the property" I would just make sure you have some outs like if you find the property is in dire need of repairs and then the tenant leaves you may find yourself with an expensive rehab.

@Evan SwansonThe question is should you have a business entity for an owner-occupied property.Will you lose your homestead exemption if the property is moved to an entity.Will you be legally protected if something were to go wrong, most entities protect business assets but an owner-occupied property is also a personal asset.Speak with an attorney.

Now, the price of rent is only $200 more than the mortgage on a 15-year note, but I'm out of pocket so little money, it's well worth not cash flowing.I might not take a deal like that if cash flow was my top priority, but honestly, I'm not thinking much about interest rates so long as the numbers come out to me not losing money.

I truly believe we've been able to bless their lives as they've blessed ours and it was always exciting to lose them to becoming homeowners themselves. 

If you want to give more financially than you wish to lose, then maybe you buy the property and set it up as a rent to own from you. 

If they don't buy, they will lose this down payment assistance. 

For that matter, is it even wise to buy sight-unseen for a first-timer, given these constraints? 

Needing tips and advice as I'm getting frustrated after several losing offers, even at full price.  

I'll lose money for 6 months so you can move later is a suckers move.If the unit is 40% under market and you want to keep them as tenants, raise the rent 30%.