I personally would focus more on the numbers than the vehicle.

I am a senior in Chemical Engineering at the University of Illinois and I'm living at home right now in Barrington, IL.

That's like asking, "what is the best kind of vehicle to buy if I had...

I believe you made the right choice by giving them back atleast something so they wouldn't feel too bad. when it comes to newly mothers having premature labor, they can tie it to the chemicals from the pest control, unless you are using eco friendly 100% natural product, either way it can fall back on you.

On a side note, I think once you look at the actual results of our local tax certificate sales, you’ll look for a different investment vehicle. 90% or so of the certificates went for a rate of 0.25%.

Luke Kwon Congrats to your decision on wanting to focus on real estate as a vehicle to reach more financial liberty and thus freedom of choice.

You may want to get a renovation loan (something like hard money) to get the property renovated and then refinancing that into a longer term vehicle 6 months down the line. 

Additionally, Alabama has strong industries in aeronautics, chemicals, and forestry.

My lender thinks that the go forward vehicle to get me into more deals will be a 7 year arm. 

This single family home will need about 60K in rehab and presently are looking for loan vehicles to make needed repairs to put home on market.