As soon as it became obvious that she knew more about flipping and the accompanying rules than the loan officer, that was the time to back out or at least get a commitment from the LO to triple check guidelines and get back to her before signing the contract.

There are some drainage issues that need to be addresses with the french drainage system that is installed in the concrete patio out back. 

@Jacquelyn Ceasor I have run into Israeli, Argentinian, Canadian, Brazilian, Australian, Chinese, Indian, Maltese, Greek, French and English Investors buy / own Apartment Complexes in the Cleveland market.

Hi @Kevin French I agree you could learn a lot from working with a Builder.

Yes, this is called a "deed in lieu (that's French for "instead") of foreclosure" in Alabama.  

We have decided to leave it unfinished, but put the French Drain system in so it won't flood.  

A lot o the larger multifamily deals have loans that are assumable, and sometimes that adds value to a deal.  

For your first rental, I would stay out of the Tree streets or French Hill, if you are buying in Nashua proper. 

It is in an old historic fire hall on French street.  

I believe that they closer to the french quarter they are, the better they rent.