My initial plan is to focus on houses for first time and working class homebuyers.

., condition and lack of needed cap ex.)The seller had reduced the price once from their initial November listing. 

Be sure you verify and use your own numbers for projected soft costs like vacancy and maintenance. 

When you sent the initial offer, did you propose the seller financing terms up front?

So paying to down mortgage faster in my initial thought process did two things . 1.

I expect a much higher appraisal considering the initial appraisal at its current state before closing was $45K higher than the contracted selling price. 

Your initial assumption is what you must go for.

. , once we arrive in the USA ( will be living in Charlotte NC initially) , we will have NO ACCESS TO CREDIT for at least two years until we build up our credit history  in the US ( credit histories don't transfer abroad).

@Marcin G.Request a Certified check from the bank then have it verified before signing . 10k is enough to warrant getting an attorney involved imho

We have 2 properties nearby that are in a working class neighborhood, safe, and in a growing part of town. We took our bikes and went up and down all of the streets today, waived at people as we went, and felt safe th...