that they'll give you the final step-up after improving and holding for 10 years.  

The current owner said he would buy window air units for lets say 300 and then rent them to the tenants for 25 a month and tell them they would own them after a year. 25x12=300.

Then ask what improvements you’ve made.

Believe me, this is the tip of the iceberg in terms of the expenditures you will put out for improvements and maintenance.

The housing market is still crazy and I'd like to hold on to the house which is free and clear but it doesn't appreciate any more if I have 100% or 20% equity in it and we have already done all the improvements to the property inside and out so no value add opportunity there.

I think people also forget the cost of improvements and property management that eats into your profits as well.  

(Multi-family, Air B&B, Single-Family, etc.)2.

She has not had heating or air since August (practically since the time she has moved in).

My advice would be to have a banker/broker/loan officer pull her full credit report and take a thorough look at everything causing the low scores.Quick fixes for just score improvement can be having a family member or a partner add you as an "Authorized User" on a credit card with a 30-40% credit balance to credit limit ratio. 

We will definitely over improve on the higher end so I’m guessing we would be closer to the 6 cap.