@Jason BakerGotta cash flow on day one or its a no go .

I purchased this home from my grandfather and he gifted me over $115k in equity therefore, it was a no brainer.

and if we can do 2 or 3 a month like we do.. its a no brainer. take the money LOL.. forget the rental drama.. but again this is not for most.. as they simply don't have the means to do this.

I pick up a no trespass notice at the local police station, fill it out and give it to the individual.

Normally my underwriting requires 10% COC but I’m willing to accept less for a no hassle rental I can check on during our yearly vacations and take advantage of some deductions.

A few that come to mind:Since you say the second building is an added bonus, try to find more long term, higher paying tenants (but that should be a no-brainer).

As @Andrew Postell shares, this could be a no-brainer for you based on how much you'll save. 

I'm aware that Northaven should be a no-go within 38127. 

There are 80% LTV cash out triplex investment property 30 year fixed mortgage products out there, they just aren't Fannie Mae loans and the underwriting criteria is a bit more thorough.... so if you need that AND there's credit issues AND this AND that, it's a no go.

Of course, there are several other factors like, if you take over the payments what is the rate and remaining term, etc.Here's an example of a "no equity" property that we recently "overpaid" for:Purchase price $180k - purchased subject to the original mortgage which was a 3.25% loan with a PITI payment of $940.