I do wonder if I leads to more inventory though, I have for instance another client that this 2.5% might be the difference in deciding to list or not, for sellers without a lot of equity that 2.5% can be the difference between writing and check or not, which in addition to some people not having the money to cut a check is also a huge psychological barrier, there are probably even some people on the margins who have in thier head they will only sell if they can net 100k in profit or some random number like that.

They include Comfort Inn, Country Inn, Extended Stay Suites, 2x Holiday Inns and Candlewood.Here's the total view of employers based on my research so far:- Hospitals and Healthcare Facilities: Some search results mention the high demand for traveling nurse housing in Cookeville, indicating that local hospitals and healthcare providers are a major source of furnished rental needs.- Manufacturing Companies: The City-Data forum post lists several major manufacturing employers in Cookeville, such as Fleetguard, Ficosa, and Tenneco.

If you want to protect your friend's capital as if it were your own, you'd want to:1) Secure the loan with real estate in the form of a deed of trust or mortgage (depending on the state the property is in)2) Obtain property insurance binder with your lender as an additional insured3) Obtain a lender's title insurance policy protecting them (different than an owner's policy) and transfer all funds through an escrow closer or real estate attorney (depending on the state, the requirements for closing may differ)4) Use a real estate attorney who also practices private lender law in the state the property is located in.

Is it better to dive right in and start meeting with brokers, or perhaps work for a commercial real estate firm and invest concurrently while having employment around the industry?

We are currently working on how we are going to budget for these additional replacements.

I have a very investor-friendly contractor (who offers pay-at-close in addition to conventional), and good clients who would be open to unconventional sales.

@Vikranth Biradar Here's an article with additional FAQs on cost segregation studies that you may find helpful.

If you have any additional questions or concerns, please don't hesitate to reach out to us."

The owner has done some questionable work with the kicker being an un-permitted unfinished addition that would either add 150 sqft or cost to remove/rebuild, still not sure how I want to approach this. 

In addition to what Michael said-if you do go ahead with purchasing it, write in the offer that they can not rent out the vacant half, deposit from the occupied side is transferred to you at closing along with prorated rent and get a copy of the lease that has been verified.