The repairs are piling up, but you're also eyeing that $40 million development project nearby.

Quote from @Daniel Lang: @Matthew Becker Not over asking, over the appraised value* (which I received after the offer was submitted and I was lining up financing). 

It is going for around $80K, up front cash. 

Not the same thing.

If worse comes to worse and I need to get a judgement against the tenant and co-signer(s) can I force them to pay?!?

On average, single-family homes have experienced appreciation ranging from 3% to 5% annually over the past decade, depending on the market.

Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best. 

For cash flow, I'd recommend checking out the Triad (Greensboro, Winston-Salem, High Point) or Fayetteville in NC and Sumter and Florence in SC. 

Tenant just moved in and is asking to delay rent payment until next month, looking for the 10 day move out form

@Asseille OdelCFRI.netCheck out the calendar of events and start volunteering - it’s the best way to meet people there.