I would not hesitate to invest in Athens if the numbers look good;  new builds in Athens, to me, carry less risk for price correction than Hazel Green as well.  

@Ryan NelsonYou’re a little confused about the items in the offer.Seller’s concession means that you would agree to allow the buyer to add the closing costs to their mortgage.

So, if no comps have pools...then adding one may carry ZERO value.  

Given that you've been carrying the property without a tenant for four months, you're already feeling the strain, so let's break it down:Long Term Rental vs.

. - typical due diligence items to gain confidence and assess credibility before turning over any of my hard earned money.

If this is the case, don't be afraid to do the bare minimum to get the space up and running, and then add items as needed over time after you have some rental income to play with.However, if you are planning on transitioning these to STR's in the future though, I'd definitely recommend getting as close to fully set up as possible before launching. 

This will allow you to rent out the other units and offset some of the housing expenses you carry. 

Scale comes down to just a few items which I can tell you for free right here.1. 

Then you are "allowed" to spend the remaining $850 on mortgage and other items.For my Bookkeeping Clients, I suggest to them to use a Savings account for these items to add interest income to their account until they need it.

Thanks Robin, the low 9% interest rate on the loan I assumed was because it's is a no-ratio DSCR loan, which carries a higher rate than standard DSCR loans with a 1.25 ratio.