My research to date is leaning towards 2 - 4 MF along the lines of a "fixer upper". 

He didn't apply, but you know she's a good mom and would only date a guy that's good for her kid and supportive of her goals, so you ignore the little nagging voice in the back of your head.

Most of the US real estate market has seen inventory continue to rise with a lot of relisting and stale dated listings, but Valdosta seems to be a “Great White Buffalo” (if you get the movie reference).

When looking to structure a deal like this, look for a dated property in working condition. 

Purchase price: $75,000 Cash invested: $600,000 Sale price: $269,000This is my largest new build development to date.

all of the units were updated except one, which I did put alittle money into to bring it update to date with the others, so that would have helped the value a bit I would think almost a year later. 

My lawyer suggests in a situation like this that I give them a notice that I am the new owner and that as of a certain date they owe market rent of $X,XXX.

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

They've been aggressively paying it down and are on track to before the due date.

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.