Of course you are still paying your PMI but your out of pocket isn't that much different than an FHA loan.As far as the rental income, unless it's a special circumstance, lenders want to see 2 years of proven experience/income from your units before they count it towards your income.  

And I measured the appliances on the showroom floor to specially pick ones that would fit through that door.

I deal in commercial properties specializing in investment real estate (mainly multi-family/retail strips/office etc).  

At the least, you would expect a Special Warranty Deed.  

Her email is [email protected]   the office is in Spanish Fork,  She gave her phone number - 801798-3545   they specialize in real estate and business. 

The condo is likely pretty outdated as well and there is a good chance the building is going to have special assessments.

I'm new to this site, but not new to real estate.I'm currently a Realtor & InvestorI specialize in Brazoria county, but travel up to Houston a few times per week.I'm an active Realtor and enjoy helping investors find properties both for the purpose of rental and for flipping.  

You might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookCouple good reads 9 Reasons You Couldn't Find A Buyer For Your Wholesale DealDon't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldYou might consider Niche or Specialized Housing like student housing.

Specially in short sale.