Another option would be to order an energy audit which would tell you where heat loss is occurring.

Hi Katrina, very sorry to hear about your loss.

The areas where I saw the 2% rule applied had a loss of population which can not be that good in the long term for buy and hold

Its entirely possible at this point we will end up with a loss when you compare the sales proceeds after all costs to what we will have invested into it.

Indian Village, Sherwood Forest, Green Acres, and University District to name a few.If you are losing sleep, cut your losses and move onto the next deal, preferably one closer to you.

Good thing that it’s only $700/month loss in income, but I think it prevents me from going with strategy 1 or 2, because then I’ll have to eat about $600/month until I can fill these vacancies.

Make it a not loss deal for her.Her loaning you money puts her in a worse position than being a buyer. :)

for that short of a period just an insured saving account is the way to go,,you want the flexibility to get to it anytime, and no risk of loss.  

As I read from different posts, some people unfortunately bid to a second mortgage without noticing it and ended up walking away with capital loss but nothing. 

To find out what losses the property may have had ask the seller to have his insurance agent send you "5 year Loss Runs".