I would suggest taking the route of option 2 or 3, so not only are you saving over 10k in rent per year but the residents help in paying down the debt.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I would suggest looking at Alamance county. 

I was wondering if anyone here has purchased properties from him before and what were their experience? 

I was wondering if you could share the contractors’info you were mentioning?

I was wondering if you found a lender, and if so, how your project is going.

I would suggest getting another full-time job for the time being and investing/doing STR on the side until you can fully and comfortably replace the income that you would be receiving from your job.Is your LTR in need of repair?

I would suggest partnering with another investor with some deals on their track record and/or some money to contribute to the deal.

suggest you find a different attorney firm to work with...they'll take a cut, but worth it.

If you're working with a realtor, they should be able to suggest a few.