No one on here can accurately answer that.

@Christina Kim Hello, first I would double check all of your numbers to make sure they are accurate.

This thread is a little older, but if it was accurate then, it probably still holds up. 

Regarding the first sale - you're responsibility to defer all tax would be to purchase at least $200K of investment real estate. 

(The association is responsible for the roof and exterior paint)3.

Thank you for your time and your responses!

They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to rent at a lesser rate for a year (to help them save for the house) and they be responsible for small repairs and at their lease renewal we touch base and see if they want to buy.

Jason, I see no responses ever came in for your post.

You could ask for a guarantor or co-signor on her behalf, but make sure you require they show documented income of at least 5x the rent she is responsible for. 

Hi @Brendan Markle ,Thanks for the response, I would definitely be interested in learning about some of the better areas for small multi-family apartment rentals in the Doylestown area, in addition to learning about your background some more.Thanks,