Once you pay it off, it goes back to normal relatively quickly (within 1.5 months).

Normally 3% and you can do 2.5% but a few buyer's agents will not be as wiling to show your house. 

Don't hire a car salesman to sell your quilts.

I've read/heard it somewhere that you should just refer to it as an additional deposit so that you can use the funds for non-pet related matters if the issue comes up and the normal deposit funds have been depleted. 

Honestly, my biggest hesitation would be that the winters haven't been as good as they normally are for skiing! 

For 18 months, my company will have me rotating between Houston, TX; Midland, TX; Oklahoma City, OK; and Pittsburgh, PA, covering both my housing and car expenses.Goals & Investment Strategy:My goal is to save aggressively over this period to build a strong financial foundation for real estate investing.

@Joey Samudio, I'd recommend buying the asset with a normal 1031 exchange and then layer on debt for rehab after purchase.

Overall, I'd say this is a fairly normal deal.

Cash flow works on an inverse with risk, somewhere in the middle is normally the best place to start.  

Tell him there is a termination fee, but you'll waive it if he shows a copy of the death certificate.That's what I would normally do, but it depends on how long he's been a tenant, how good he was, and other factors.