I am working with a nonprofit organization that will be using this home for a program that is geared strictly to homeless veterans to find them suitable housing and assistance with finding jobs.

This setup helps you stay organized, prepared for tax season, and ready for unexpected expenses.

I love where you mind is at and how organized your post/plan is.

The PadSplit platform should be used as a resource/tool but please engage with the people in the organization.

Yes, because Private Money infers that you are in a negotiable deal where your project can be outside the box and you can negotiate unique terms with a private individual - that - or a big box lender with strict rules and guidelines. 

Finding the right market is key since every area has its own unique dynamics.

But point well-taken.... those markets who ARE actually already showing signs of revitalization would likely be good places to target... but again that would depend on your investment strategy and unique way you plan to add value in order to achieve your specific investment goal.

You'll likely find it easy to find people who will tell you what you want to hear, but you really need hard facts not speculation.But for some speculation, if you're talking about the Nantahala River or Little Tennessee, sure I think you might be able to do $22K/yr, but not much more, unless perhaps the places are uniquely styled. 

Sale to sold ratio is 5:1 wow but price is flattening without reduction of seasonality ; basically this market is bought by in-migration from NYC/MA area pretty much, it's not an organic growth.

The unique architecture and potential of the property, as well as the money making potential that it had.