In PA you need to be careful, the state is pretty good about catching onto deals and consider places sold. not only would the owner have capitol gains but then he and you guys would have to pay transfer taxes as well, total of 2% ( 1% each usually). 

They have moved out now and Im pretty sure G is being petty towards us.

They are pretty easy to get right now and they offer low rates and hope with you they will make much money off you eventually.You might should plan on Fix and Flip or Quick Flip right now in this economy and try to save all the money you can right now and getting into small apartment complexes are a better way to go. 

So an income producing property that returns 4% sounds pretty good to an institutional investor.

I am pretty sure the builder had a 1-year warranty on most “house stuff” and 10-year warranty on the foundation.I have a few small wet spots on ceiling.

If the numbers you posted are accurate, it looks pretty good to me. =)

The units rent pretty fast and no one else in the market has this.However I considered taking it a step further and that was strongly discouraged by my wife..

I am trying to figure out was is the best plan moving forward.I got this property for what I feel was a pretty good deal.

I am trying to figure out was is the best plan moving forward.I got this property for what I feel was a pretty good deal.

If any of those go wrong, you can lose money.I don't know if we will be in a down real estate market in the next 5 months to a year, but I am pretty sure in DFW there will be decent annual growth over the next 10 years.We have done both flips and rentals, and honestly we like the flexibility of having multiple outs where out exit strategy can be either selling a house or renting it out.