Quote from @Jimmy Wellman: I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. 

I finally got an attorney to work without a retainer2.

@Jonathan Greene, can you tell me one of the more notable times this happened and how it finally resolved?

-Initial basement costs were projected at $60K, final costs were $125K.

Finally- you can eliminate 95% of the troubles and risk by simply having professional and legal screening and management processes, so don't sleep on that piece. 

Download the landlord/tenant handbook and read it all. https://dca.georgia.gov/housing-choice-voucher/landlords/geo...

I use Hospitable and that was my choice in the end as well after trying all 3. 

For BP readers in NC (or other trustee states), get to know the trustees that operate in your county of choice, then periodically look for upcoming sales.

Tell her she has two choices: move out or face the judge.

My worry is that while I am clear on the risks (extended timeline to get a tenant in, and expensive buildout) that I am not being nearly conservative enough - do I risk this thing sitting empty for a year, or years, and finally renting well below my implied rate?