If it's a college area it won't matter as much. 

If the existing renters are month to month, are there any best practices to recommend when acquiring/closing on the deal?

I would pay off everything else first; credit cards, car loan, personal loan, college loans. 

That is predatory and not good business practice but some banks think they can get away with it especially with new investors.

I believe that to be the most common practice at least in my market.

Selling Your Home Now: This could be practical as you’d split closing costs with your ex and avoid the obligation to refinance at a higher interest rate.

We require any tenant 18 or older to qualify for whole rent on their own unless they are a legal dependent (spouse, college student, dependent parent, etc) of applicant, even then must pass criminal background check.

Hi All,I'm Porfirio Ciaccio, 24 years old, and a recent college grad.

What are the pros and Cons of buying Residential and Commercial Properties in Georgia? Can you share your views on this?

Single, college aged or not, I wouldn't even consider paying for a place with no means to shower.