My wife is currently in college.

Your move and set (assuming it's a move and set as that's the "going" rate at $3000) is literally that: tear it down, move it, set it back up on blocks (you pay for blocks if they don't transport or there's not enough), tie it down (you pay for anchors) and level it out.

So I do have a great deal of fear with the area, but I know the rental market is thriving there due to community college and the demographic.As far as my owner occupied property - $329K with an annual operating expense of $13K, taxes $3000, insurance $1000.

I taught RE at the undergarduate level, most any teacher will tell you they may not agree with 100% of the material in any text, that should not stop its presentation!

In fact, the local community college around here is running an asset management class now.

As others have said, you need to know the ARV, and you need to figure out what you can afford to pay the husband given the rent level.

The credit is $2,000 for a dwelling unit that is certified to have an annual level of heating and cooling energy consumption at least 50% below the annual level of heating and cooling energy consumption of a comparable dwelling unit and has building envelope component improvements that account for at least 1/5 of the 50% reduction in energy consumption.

There is college debt, mortgage debt, home equity loans, car debt, credit card debt, the list goes on...

I have 17 with number 18 just put under contract.My first 8 or so were either fringe areas or houses in poor condition.Those 8 are about 3 times the trouble the last 9 are whenI was able to switch over to better product (areas, house layouts, and my rehab levels).From the sounds of it, you were much smarter than I when you started and limited yourself to the nicer areas and better houses.I'm doing 17 now and its running extremely smooth.

Real estate was less expensive in Cincy and I knew that area down to about the street level, but I personally did not like living out there so, I'm trying to decide what to do.