From what I'm seeing folks doing in my neighborhood is marking it up by another $100k and selling them within a month or two after requiring them. 

If you show an Investor 4 properties that meet 90 percent of their requirements and they DO NOT make an offer on one of them the FIRE the Investor.

Also, have your Insurance Agent suggest what you should require, from and insurance perspective, of the Subs.  

I have worked a lot with foreign nationals and it can be easy way to structure future financing since there are programs that don't require USA credit.Let's connect

It requires work, ingenuity, and courage.

For a lot of owner-occupy loans, there is a 12 month occupancy requirement.

Hi @Felix Lilly,Your approach to buying your first property in the Vancouver WA area is a great start, especially with your interest in an FHA loan for its lower down payment requirement.

This is typically required by most local codes.

Normally HELOCs require balance paid in a shorter time frame.-- Do you qualify for the loan with the addition of the HELOC payments?

It is important to consult with a legal professional or financial advisor to fully understand the implications of assuming the mortgage and how it may potentially affect your financial and legal responsibilities in the event of unforeseen circumstances such as her mother requiring care.