I saw one $200 rebate on a tankless system but we have a Tank system thats worked fine for last 18 years so will replace with Same plus rebates if any.

Just be sure you have a sufficient reserves to cover a few months and some repairs and you should be fine.

My husbands uncle ( 70 years old) has a home he owes about $50,000 on.. current mortgage is $650.. he also has some credit card debt to the tune of $10,000.. with his social security he barely gets by and counts every penny.Here where the real estate investment part comes in...bare with meThe home is in dire need of rehabbing.. but he has no money to do the repairs.. in the current state the house might fetch $110,000.. comps in the area for moderate upgrades sell for $185,000-$210,00..He considered selling cheap to get out and buying a condo.. but he would still be cash poor.. he figures what he could sell the house for would pay off the credit card debt, and give him some money down on a condo..

Make sure you retain these documents and you should be fine.

My work is fine for me to move out for a couple of hours.

I'm doing almost the exact same thing and they said my DTI and all is fine for approval but I need 25% down, ugh.

@Christine Swaidan I usually use the receipt from Installation, the judges seem to be fine with that anytime we have to go to court or mediation 

If you title the property in a trust from the beginning you'll be fine. 

I work in the area regularly and it's not the best neighborhood but you're not planning to live there so you should be fine.  

You can do what you want but the bigger question is why are you supplement the other tenant to the tune of $300/month.