Any good accountant should be looked at as a CFO to give you ongoing advice and support in your business.

Also, the app doesn't support the calculators yet.

@ jay hinrichs - you don't know that the collapse in Vegas and Phx was caused solely because construction worker leaving... that is simply not true...Having a tons of OOS investors was another contributors.... there are many many studies/articles supporting that...When resession hits next, those OOS that can't find a tenant will bail... that was what caused the collapse of Phex and Vegas, at least partially....

The bank might not want to put in writing that they are waiving their right to acceleration (due on sale) b/c of regulatory issues.

It has put many small operators out the type of operation you are describing.There is also the issue of being in Compliance with numerous state and federal laws and the only way to do that in a manner that regulatory agencies will find acceptable is to have a formal Compliance Management System in place and actually in use.

If you could find that close to you, you could be looking at:80*.8= 64k-50=14k usable equityWhen I purchase a new property I let the bank know in advance that I want to use equity from another property to pay down payment financing and closing costs, and they roll it all into one new loan, sometimes I walk away with cash in hand sometimes I do not, but you have to make sure you are buying the new deal at a price that can support the 14k add on to the price. 

There are great providers here in Indy and a lot of support here on BP.Let me know if there is anything you need.

I don't know anything about Atlanta or College Park, so it may be a different regulatory environment down there. 

I fully support @Dany Namou 's comment.

Aside from an FHA primary you're going to have a tough time I think, and your market might not support that.