John Bel EdwardsJazzfest, Red Dress Run, the Gretna Heritage Fest and French Quarter Fest have been cancelled. 

@Kim Rock Congrats Kim!

Brick/rock wall runs the entire length of the front of the property 

Zoning red flags jump out on this one.There is no such thing as "technically zoned." 

We ran into some red tape with FHA loan stuff which pushed the initial offer closing of July 7th to July 31.  

Being very close to the university will always attract new renters. definitely a red flag as to why the rents are so low compared to the market rents in the area. after your due diligence and everything has checked out you can definitely start increasing rents to meet the market rents for this area. like you said business is businessI specialize in investment financing. if you're looking for a lender for this purchase or later down the road for a Cash out refinance message me.

I'm finishing up a unit that I had a contractor gut, rock and tile the kitchen & bath.

@Mick Harvey and @Adan Mendoza -  May I ask your motivations for moving to the Chico market vs. say Sacramento or Redding?

Thanks @Bob Okenwa for the information.Also, my rock star agent told me about this company that tracks nationwide mortgage delinquency and gives a monthly reports.

Happy to help Sean, I'm from Little Rock originally, so we have some stuff in common too!