So you are in a good company.Some say that your net-worth equals your network, and this is the place to make right connections.

But it looks to be that your other equally valid concern is "I guess I am just worried about her perception of signing the deed, without getting her payout yet".

@Tom Scott  It's the same reason you buy a car from the dealer that gives you the best price (all other things being equal).

., How can I adjust to make localrent and mortgage payment(PITI) be equal or almost the same?

The security of having paid off houses, and secure income is paramount to funding our dreams.So while making money is important, it is equally important to make sure you preserve and fund your goals!

They are of equal negotiating ability and come up with a price exactly in the middle at $210K.  

So assuming a loan and putting a bunch of money down say 40% just doesn't make sense when you can get a regular loan at much lower rates for 20 to 25%.Now sometimes as mentioned if the property has a reposition play to increase the equity a bunch or the seller is selling at a higher cap rate due to the assumption then it might make sense.On assuming the loan you can ask the sellers to pay the assumption fee, split it between the two equally or unequally in percentages, or the buyer pays it all.

Hi Katie,You would need to analyze the area that you want to live in what the cost to build new is to construct along with acquisition costs per sq ft versus buying something existing.Example if rents are close to equal for new versus existing for a 2 bed unit then if you can buy existing for 60 sq ft and 10 ft improvements for 70 sq ft all in versus new construction at 120 sq ft then you can buy existing for less than replacement cost.  

We charge a security deposit equal to one month's rent and the pro-rated amount for the remainder of the month to move in.

That being said, even if there were no tenants I would still be able to handle making the mortgage payments since they would be roughly equal to what I pay now, and I would also have a reserve fund just in case.