Hi Amy, So, feel free to PM specifics, but from that information, I'd guess max rent at $1300 / month each side, so you'd have a lot of interest if you put it on the market for $265k, even if your current rents are ~$950 / month.  

My guess is we will have a meet up in the next month or two which will be a good time to meet some of the folks on here face to face.

That's not true for all properties, but a pretty high % I would guess. 

o OK thanks, I just plan on wholesaling it, I guess my question is, is this a good idea for an investor?

I guess it all depends on what your goals are.  

So I guess first of all...http://www.consumeraffairs.com/misc/armando-montel...4 Star rating on 25+ reviews on consumer affairs, doesn't seem overtly sinister...

It sure is interesting, don't know if we will find out any other details.I guess we are just happy our offer was legitimate and accepted.Roller Coaster Ride was no extra charge.But honestly, it makes things difficult if you are doing what you can to obtain housing and your offers aren't properly considered, we had no idea what was going to happen the second time around. 

I would probably start paying down some principal along with the interest until you are in a position to refinance.I'm guessing the tenant isn't interested in becoming a homeowner if they've been renting for so long.I doubt interest rates will get very high anytime soon to where it would make a very big difference in the mortgage payment; Maybe the tenant will make up the difference?

Womp Womp....Guess I have no opinion, I'm not trendy, I don't have an iphone. 

I guess I have to request it rezoned to residential for me to rent to a family or keep it Commercial Mixed and rent to business....Does anyone have experience with this?