The personal guarantee is basically a safety for the seller to hold you personally liable if you default on the loan? 

This is found out via insurance records, records of law enforcement, public safety records, or any other similar regulatory agencies.

I'm going to do my best to be patient but with trends making prices go up and my savings losing money due to inflation, it's difficult to see money burn.

Problem is, it will probably end up being more than $1500, you'll need a complete liner,.....and then you are going to rely on a tenant to do the yearly safety maintenance?

Really only think about safety at the moment.

Take into account the overall safety of the area, median income, median home price and grade it relatively to the other zip codes around it.

The agent was very patient helping me get things together, and her lender is AMAZING!

Back on topic, biggest headache is always clients and the city (building and safety for permits).

@Rush ElliottBe patient and make your money on the buy not what you expect the property to appreciate to.

Cash flow is around 700/ mo after expenses.Looking at selling it to my spouse to pull some money out.Cash out refi conventional requires 6 mo seasoning to get the appraised value.I am not a full time flipper, I am patient and am considering the dollars and cents of it all.Wondering if anyone has experience converting a flip to a rental?