my understanding that there is rent control as well and can not increase rents more than 7% a year for the same tenant.Just trying to see if there is a possibility to enter this market at this timeTIA

It is my understanding that for a rental property, the discount points are deductible in the year the property is purchased.

My understanding is that military can receive an extension of the "must live in the home 2 out of 5 years" to 10 years.How does this work for taxes??

I understand nothing will cash flow positive doing this in my area but it would at least help with payments. 

It is important to consult with a legal professional or financial advisor to fully understand the implications of assuming the mortgage and how it may potentially affect your financial and legal responsibilities in the event of unforeseen circumstances such as her mother requiring care.

You can say you understand etc but don't make promises. 

Starting with one or two areas to deepen your understanding and experience before branching out is a good starting point.

Brooklyn-There is good money in that line of work as long as you are good with numbers and understand the markets.

Understand where the bottleneck in your renovation is and hammer it out.- It's cheaper to fly friends and family in who know what they are doing, pay for their food and flight, and get help then hire it out.

I don't understand how the workers could have done this and then just left.