I would love to find someone I can rely on for the future as I keep growing!"

And if not over-leveraging myself means moving to Allentown for a year, that make total sense. 

I am totally with @Greg H. on this one.

I feel totally taken advantage of.

. $2,500.00 MONTHLY INCOME$1,739.50 MONTHLY EXPENSES$760.50 MONTHLY CASH FLOW2.41% PRO FORMA CAP RATE$9,126.00  NOI$295,800.00 TOTAL CASH NEEDED3.09% CASH ON CASH ROI4.56% PURCHASE CAP RATEAfter Repair Value $379,000.00I will Sell the Property in year 3-5 years with a $92k-$139k in profit. 

IncomeRent: $3600Laundry: $50Sub Total: $3650Expenses @6% INTP&I: $1769Taxes: $317Insurance: $120Vacancy: $365Repairs: $365CAPEX: $365Management: $365Total: $3666Difference: $8As I adjust the offer price I get the following numbers:INT 6%, Price: 295000, CF: 8INT 6%, Price: 275000, CF: 128INT 6%, Price: 275000, CF: 278I would personally manage the property allowing me to save the 365/mo in management fees for the first few years.2. what are your expenses every month?

My attic has the potential to become a single bedroom apartment (kitchen/living on 1 side, bathroom central in attic, bedroom/living on the other side).The "Total" renovation... as I see it would be the following.Floor #1 - Bathroom is currently 1/2 bath.

It is, however, an option and for the right deal it could totally be worth it.

POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 1,857 45,944 194,648 MEDIAN AGE 45.3 41.1 45.6 MEDIAN AGE (MALE) 44.0 40.0 44.8 MEDIAN AGE (FEMALE) 46.6 42.0 46.4HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 775 17,852 79,799 # OF PERSONS PER HH 2.4 2.6 2.4 AVERAGE HH INCOME $50,353 $57,011 $56,327 AVERAGE HOUSE VALUE $174,711 $257,379 $232,066

Total rent $1,850.