A two bedroom house is not the “ideal” property in many markets, but with this being a military town where Seymour Johnson Air Force Base is located we have many service people that are single or want/have one roommate.

A two bedroom house is not the “ideal” property in many markets, but with this being a military town where Seymour Johnson Air Force Base is located we have many service people that are single or want/have one roommate.

So they are under pressure to buy within that timeframe.

I'm looking for sound advice because I'm up in the air in which is the right path for me.

I am slowly adding value by doing small improvements such as upgrading from a swamp cooler to central air and improving the interior cosmetically.What was the outcome?

As mentioned, going the 30yr fixed rate will save pressure on the DTI calculation, but you can also talk to your mortgage broker now about doing the refi today and how that would likely effect underwriting in several months when the new house becomes reality.

The gift was the air filter, since the tenants are supposed to change those.

I do have some long term concerns about the air quality here - especially as I've heard predictions the Valley population will triple over the next 20(I think) years! 

Water heater pressure and temperature relief valves that discharge into indirect waste pipes.

If you're looking for REI connections, education and the one-third to two-thirds of investors at a higher level than you are, find a longstanding group to join (Georgia REIA, Atlanta REIA, or an active Meetup.com group), especially if it offers decently priced classes with no sales pressure.