IE your going to buy them for the purpose of reselling to  the public.. by doing any amount of work on themcall the CCB they are nice there they will tell you what you need.. or you can get a GC license then you don't need the developers license and you need the developers license for the entity that takes title ..

A relatively short commute would be nice.  

Cost of work to do value adds also would add up.. its a low income building so it’s never going to be “nice” but can definitely get more rent as it sits, $50 per unit as they turnover, the 5 retail spaces are vacant and would need rehab but those are just sitting loosing money.

Greenville is really turning into a nice area. 

I suppose the nice thing with a local lender is they're able to move faster and don't need an appraisal/BPO. 

@Sangam Baligar some really nice areas out there....

@Jordan Moorhead nice!

Still, you only have a to wait a bit longer to get a nice chunk of tax-free cash!

Hi John,  Agents are nice people certainly but their skill (and license) is in negotiating high prices for sellers of fixed up houses.   

If you give him $10K down (five figures--nice round #), get him down 1/2 point on the interest rate, and move from a 20 yr am to 30, you'll save about $120/mo on debt service from your current calculation.My bigger question is where are you paying $4800/year in taxes and insurance on an $85K property?