I made on offer on a couple houses where each house had almost exact comps (age, size, type, etc) and even on the same street (as well as other supporting comps within 1/2 mile) that were sold for $40K below the listing price of my properties.

She will be getting child support until my little sister moves out to the tone of about 2500 a month.

Meaning: it may be very possible that the area you are looking at will not support your intended business process.Landlording is a business - plain and simple.

The basement is 10' deep This is a pretty small foundation to support a 1000 sq. ft. footprint and your footings will most likely have to be below the frost line unless you're using FPSF.

Basically, the upstairs floor is inadequately supported.

thanks for the support!

Also, as Will said, the main contingency will be based on being furnished with thedocuments and numbers that can support my due diligence.

If nothing else, your real estate firm can tell you if they would/would not allow a transaction like you are proposing when the program she is with does not support it.

Today, I just pulled my loan off life support at US Bank.

I posted this question in another forum, but noone has answered it, any advice would be appreciated, the lack of info and support is making me want to give up.