Numbers - Purchase price $165,000; 123,000 @ 5%; $42k cash from HELOC currently at 3.25 but variable.Unit a - currently rented at $625 (650 was in all the info from owner but has been corrected at final close.

Well I finally got over analysis paralysis and am scheduled to close tomorrow on my first deal.

Final Thoughts - I am not trying to scare folks out of oklahoma I just want them to know the full picture. 

But I do see how they would want to avoid more paperwork if the final document (the valid one) will be corrected.What I want to avoid is having this error at closing which if it happens, it will add more time to the process.

Here is my current scenario:Balance: 150,968Type: FHARate: 5.0%Payments: $1,219.12Maturity Date: 1/1/2040Rent received: $1,150.00Refi TermsBalance: 160,800Type: ConventionalRate: 3.375% (3.153% points)Payments: $954 (drops to 920 after 7 years due to MI)Maturity Date: 30 years from closingRent received: $1,150.00It is tempting because I could have positive cash flow finally, but I am adding 10 years onto my loan.

Finally, I'm soliciting your suggestions for a reading list that has worked for you on these topics.

A bit more research and make my final decision. 

The check ended up finally being delivered this morning and we have not heard back from them even though we sent 3 emails since they last threatened us with their first email.

Moreover, demanding more money after final payment is just BS.

I had to remind him that it took 4 months to get his permit , and yes we have permits for other jobs in the process but they arent due for final review for 30 days .