Brighton Park, Archer Heights, and West Elsdon are solid neighborhoods.

$130,000 for an accident is a pretty solid "accident" to say the least

Now, since they own the LLC, they also own the contract, you are now out of the loop and they are responsible to close.

Purchase price: $204,000 Cash invested: $50,000 1300 Sq ft 3 bedroom 2 bath with an large 2 car garage sitting on a solid acre of land in Clayton NC.

Obviously I plan on increasing his rent to market value and switching utilities but hesitate increasing it past 20% due to the fact that during our walkthrough he seems like a solid tenant with a very well kept unit and even bought his own washer and dryers in the unit. 

Thanks for your response.

Solid wood is a plus, it depends what period of design you're looking for though?

Go find a licensed, insured, responsible contractor to do this for you instead. 

Make sure you have a solid team around you, and you feel comfortable evaluating potential deals.

Thanks for your response.