Tell the agent what you need done, and if he doesn't do it in a timely matter there will usually be a clause explaining how you can terminate early without penalty if he fails to perform or do his job to the best of his ability. 

I am very new to REI and would like to know if this is a great opportunity to buy in an up and coming area or if the residential properties will negatively impact my ability to rent out my other unit.

Like I said in another response to this thread a really good TC will have a hand full of top producer be worth their weight in gold and make a VERY nice living for an in home job that comes to you with little to no over head.. 

Yes. 60k/year w2 job, 6 or 7 months ago.

It's a challenging "job" and so worth it.My sister lives in Charlotte near Carrowinds. 

Let's bring back the lost development, events, and jobs to the heart of the Commonwealth.

The $2,000 renovation budget presented a low-risk opportunity.

I prefer the latter because you'll have the opportunity to spruce up the property and get market rent from a tenant you screened and selected.If you choose to raise rent on the existing tenant, I recommend notifying them to see if they want to stay.

The $30,000 renovation budget presented a clear opportunity to add value.

These factors provide good investment opportunities.3.