1) Change my degree to finance/real estate. 2) Get a credit card (to start building credit) and use it for small things and have the balance automatically paid off each month. 3) Get a job as a loan officer, leasing agent, property manager, handy man, etc. to save more money and have W2 income. 4) As soon as you can qualify for a loan, find a house near your college campus and use your $25k savings to buy it as your primary residence, then flip it while you live there or rent it. 5) After you graduate, use your additional savings you were able to come up with to buy another house to flip/rent. 6) From there decide if you want to keep working a job and invest in real estate on the side or use all your savings you were able to accumulate in college (because everything is paid for!)

@Logan TurnerI don't see anyone asking the fundamental questions of whether or not you want to transfer title...just assuming, but I would suspect that the the balance is a re-fi...you can't transfer title: i.e. you can't own this house unless that is settled.

Also showed records of when they converted it to residential living in the 90s. phila.gov/li (can view property permits, violations, etc)phila.gov/opa (can view tax records/balances)

I agree that an agent should know all this.To answer your question, if the mortgage balance exceeds the sale price, it's a short sale and the bank is going to control the sale process.  

You should add your data once and get the full benefit end to end of this:Rent Cycle Balance your books with full general ledger accountingDownload reports on-demandTrack charges and paymentsCollect payment onlineVacancy Cycle Free marketing websiteSyndicate rental listingsReceive rental applications onlineRun credit and background checksMaintenance Cycle Tenant access to responsive mobile siteSubmit work orders electronicallyAttached photos and documents to requestsEfficient reporting

You have to keep a careful balance so that you can meet the obligations to your current deals and keep deal flow moving without over committing to the point that your performance suffers.As such, marketing spend should ramp up to the point of your operational capacity. 

They'll be paid off before you ever show the balances and you'll have all of one HELOC and part of the other to go house hunting with.

I would have a balloon payment for the balance in 5 years.

However, it would take her about 2.5 years to payoff the balance.

If done properly you could use both a form of check & balances.