This is the project that I will dedicate the rest of my life to.

You are asking for potentially life changing advice, I would suggest that you give as much detail as possible so you can get as detailed answers/suggestions as possible.

While Penn State and Mercyhurst have some decent neighborhoods for housing, Gannon is in the middle of the city which gives more opportunity for community life and activities.In the past 10 years, Nick Scott (the main owner of most things) has done a lot to improve on things.  

An FHA loan is different with MIP and the premium is charged to the life of the loan, I'm not sure off the top of my head if that is short rated or not in a total refi payoff.

I lived in my 1100 square foot bungalow for 3 years now and upgrading to a 2400 square feet house 2 story house is a huge change in my life.

I'm sure pretty much everyone here has already read them as well but if not then I highly recommend them as they changed my life, literally.I'm definitely a newbie, as I have only been learning about money and investing for a year now.

I really depends on what your financial situation is and what you want your life to look like.  

Your 5 year old carpets have reached the end of their useful life (according to the IRS, it's 5 years for carpet) so you won't be able to charge the tenant for those.  

Also my uncle is great in construction also and life in Bridgeport and has done a flip which he just stayed to live in.Jeremy river may be next time I go up to Bridgeport we can meet and talk.. 

But the point is that you really need to pound the pavement, research and tour properties and make yourself available to clients at all hours just to survive as a broker.