Do you plan on taking some baby steps on the way or right to the multi family/mixed use?

Lastly, if you had an extenuating circumstance such as a baby on the way and you need more space, you may be able to get another owner occupy loan. 

A few days later I found out that her mom will be staying with them for a few weeks in order to help out with the new baby.

The bottom end of many of the cash flow markets are very very tough to deal with and out of state investors mortality rate for getting completely wiped out is quite high...

No need to rush in, take your time, baby steps.... 

Here is a formula for that...Baby boomers retire to Florida driving up demand until baby boomers die and drive up supply.

Hi Brie,Like others have said, sewer gas leak, possibly in the wall, a vent stack or main line.OR a heating vent that serves the common area as well as the babies unit.OR a return air vent that serves the common area as well as the babies unit.If it's an old home, they used to have transoms, and big old coal furnaces with big old vents.

Title policy has to be fully clear of child support/utility/federal/tax... some liens do not get wiped by the auction.

Otherwise if it’s paid for I wouldn’t see there being enough expenses or depreciation to wipe out the income right?

However, I just had a baby in September, and now that my husband and I have two small kids, we would like to move to a newer, larger home within the next 2-3 years.