The position is very flexible and gives me a chance to stay active in real estate - through my husband and I invest out of state so I'm not totally uninvolved. 

Is the lender counting income from your current 2-unit rental towards your total income (I believe they can use 75% of collected rents as income). 

But this time you are going to enter into the Payment Field the total amount of money she or he is paying you which will be $6,000.00. 

built 1955Annual Taxes $4,190.40● 2 2 Bedroom units rents $550● 9 1 bedroom units rents $450● 5 large studios rents $350● 5 small studios rents $300Total building sq ft 9,664NumbersMonthly Current rent $3,525.00 (all tenants )Total $1,186.07Cap Rate 0.32There no comps but property can be value over $200k once fully occupied and managewell.Your investment would be secured by property alone with purchase price under 100k.Repairs estimate 30-35k.I am proposing a loan of $95,000 with a open line of credit for repairs for 5 years, withoption of early payoff.$95,000.005 years$2,000 a monthShould I request some equity percentage like 50% when the sale happens or cash out refinance to pay back the principal in 5 years which ever happens.

Totally different thing.Most states require 30-60 days written notice of non-renewal. 

People typically miss the Village taxes in their total taxes.

I re-financed it for $112,500 (after spending $145,000 in total) and then rented it out for $1795/month (my holding costs are a little over $1100 including PITI plus capEx/vacancy/repair funds etc).

I re-financed it for $112,500 (after spending $145,000 in total) and then rented it out for $1795/month (my holding costs are a little over $1100 including PITI plus capEx/vacancy/repair funds etc).

I re-financed it for $112,500 (after spending $145,000 in total) and then rented it out for $1795/month (my holding costs are a little over $1100 including PITI plus capEx/vacancy/repair funds etc).

@Bryce Carroll 20% is the lowest you'll likely be able to put down to pull that off but it's totally doable.