Essentially still making the Brrrr method work with this type of loan? 

We have decided to go with the renting route, but we feel the mud needs to be replaced with something more appealing.

This will be gone faster than your profile.

What are the downsides or risks that I would be taking by doing this?  

Listing at $1M-$1.2M and purchased for $325K. 

Deal acquisition is an art, so dig in and make sure the deal is good and make sure the numbers at up to what you think is good! 

I heard it often takes six months, at least.

Is this for an owner occupied loan? 

@Kristjan Meitz would definitely target a 2-4 unit if possible.Challenge will be finding one at a price you can afford and that's in a decent area.Once she's accepted somewhere, check to see if the school has a placement assistance office.

Hey Alex,You would have to look at the numbers and decide if it is worth it after you got a rate quote (rates are better than they were in 23).