You can't afford to go off second hand information.

In the past five years, as affordability has become more and more difficult at the south end of the island, buyers have been making their way up island towards Nanaimo, Comox Valley, and Campbell River.

The mortgage on this would be pretty affordable, it would be probably about as much as we would spend rent on living close to campus.

Any good recommendations for affordable fourplex insurances in TX?

I closed on the house with 20% down and put another $8k into cosmetic upgrades and new furniture.

This was a nice little house that was affordable in an area that was appreciating at a higher than average rate.

6) Can I afford to buy this property outright without financing it at all ?

All they will be concerned about is if you qualify for the loan, can afford the payments and the property appraises.Jump in head first and go for it! 

But that could be off by $20k, can you afford that?

Let me show this in another light.If the reason she has been paying $528 to you is because that's her limit, then wouldn't saying she has been paying an amount she can't afford actually be worse for her?