I would side with your wife on this one, I typically tell people to stay out of AC, Trenton and Camden or any D area especially if you're new those properties are very labor intensive 

Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs. 

Making a post here to connect with local people in your market is a great way to start!

To me, that's just taking advantage but people will pay what they will pay.$1k UW - This is within the range$1k Legal - This is within rangeAdditional costs - title, appraisal, property insurance (~$2k)10% of renovation estimate as contingency due at closing.Renovation funds issued on a reimbursement basis for work completed. - I never, ever heard of 10% of the renovation funds due at closing and I've closed 100s of bridge loans with many different lenders.I think there's way, way better terms out there but I do not know your credit, if it is good these terms are way off.

Want to understand why our industry is reviled by most people?

Never, Never use your sellers property tax expenses to estimate your future property tax, this is a big mistake done my many people in the industry.If you haven’t sell your Main home where you are living yet you might consider to keep it, because your new home would be triple the amount your are paying right now.

Expecting other people to solve your problems7.

It might weird people out thinking that you can listen in on them but it is a way to offer streaming audio on the cheap. $19.99-29.99 Blink Mini 2 (latest version) plug in smart camera with audio - https://www.amazon.com/Blink-Mini-2-Camera-White/dp/B0BWWZXW...So this is available as either standard or with the weatherproofing.

But when their business relationship with the actual bank soured, the API connection was severed and the people were basically left without access to their money.. 

I don't know any of them and don't want to just start buying them without recommendations from people that aren't trying to make a buck off of me.