Unless there is something significant that we don't know, it doesn't look like you'd be doing your friends any favors pursuing this deal.  

The partner puts 70K down and has great credit so the loan has very favorable terms.  

I'm thinking about purchasing a single family rental property in Zachary or renting my primary residence and purchasing a new home for my family next.You should find the rental market here favorable with a strong job market and good school district.

Especially if we move as quick as possible to snatch up investment properties while prices are low and financing is favorable.

In this situation, I've usually recommended that you give the tenants a heads-up and let them know that you will limit showings to buyers after an accepted offer.Conversely, if the ratios don't favor investors, then I would recommend waiting until the properties are vacant before marketing for sale.  

I can only hope to repay the favor someday - look me up if any of you ever pass through Hong Kong.

Fortunately, I was able to return the favor when he needed it most.

If you have stable employment then that is very favorable.  

If you are getting business from this web site, do yourself a favor and change the verbiage - you'll get even MORE business!

Do you favor offering over the phone more than putting something in writing?