(even though their guesses all sound excellent!)

The energy savings are excellent, and the durability is unsurpassed(to my knowledge).

FYI: My debt did not affect our refinancing because my husband and I have excellent credit and he is the signer, while I'll be put on the deed and title.QUESTION: What would you do?

The previous owner was a flight attendant and was barely home so the property is in Excellent condition and I mean Like new.

I appreciate everyones input on this and there is some excellent information on here!

I am a mechanical engineer, employed full time, with excellent credit score, so I'm thinking a low down payment FHA loan is a good option. 

I ended up winning the property for $180,000, and there were three other bidders as well.It was an excellent buy because the location was absolutely prime, and the condition of the property was more than fair (after repairs would've been done).

If during that 8 months they turn out to be excellent tenants, then sign them up for the yearly leases that you're used to.I currently have no rentals so take this comment at face value.   

Excellent advice.

I've done some reading through the more popular topics on the site, and I'm currently listening through all of the podcasts, but while actually partaking in the investment is something that I've yet to do, I understand the analysis from a cash flow perspective because of my background, and have built models in excel to analyze potential investments (though I'll likely leverage this site's Pro tools for the reports and PM's).