In our county (in Ohio) they don't do round table close so we might purchase a property and never meet the seller. 

Looking into the north Georgia mountain area and found an article posted mentioning restricting air bnb’s in the area.

(with the DSCR loan to purchase moving faster ~ 2 weeks, it's conceivable we may be at the closing table faster than the HELOC closes).We are considering other options for the downpayment (approx $25K);   and then replenishing the funds with the HELOC cash once it hits.  

Best wishes there was that landslide up in Washington state that killed I dont know how many folks whole mountain side decided to let loose..

I feel like I need to have something to bring to table to also help mentor.

The illegal in-law units/ADUs are somewhat common in the Bay Area - many people with paid off properties are collecting under the table rent money without reporting it to the IRS.

You got a lot of great advice, but you came here and didn't set the table.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

I have never been to any of the properties I own in Atlanta and closed on all of them from my dining room table in Long Island.

Because of this, retriggering of the 1 year time table to complete the property to 75% of the value.