Should I hold the house for this buyer, given that the price she was asking for her own house looks quite reasonable, or should I put my house back on the market, assuming that the market in the neighborhood for that house is fairly brisk.

We pick it up from there and immediately deposit the rents into our business checking account at a credit union three blocks away.

You guys will have to obtain an EIN from IRS website to file the partnership website, fairly easy process. 

However, some credit unions and community banks in certain areas of the country are willing to go up to 85% or even 90% LTV.My recommendation is to look up community banks and credit unions in your area then go to the rates page.

Also, that house looks like it needs a fair amount of work to get rent ready...

I do support everyone trying to be fair and earn their dues but for 2.5% he should be darn near perfect and Johnny-On-The SPOT.Take care now.

I would suggest a detailed application form that includes the required permission for credit checking as well.

I purchased a single family home in 2009 with the tax credit (at the time) in KY. 

I think we’ll credit $5 as it’s more expensive for us to actually drive out there and do it for them.

Just my two cents but I'm assuming you'll be receiving COLA and a fair amount of BAH?