This seems like a rough way to deal with a buy and hold having to refinance down the road in a rising interest rate market.The second option is to buy it in cash then refinance out with a traditional bank on the wealth management side. 

As i own and rent a commercial daycare, I was reluctant to evict tenant with 24 kids and employees during the week in midsummer, as landlords are depicted as villains and I do not need the adverse issues that may arise,. 

We are interested in getting a "home base" property 3-20 acres in or around Asheville NC and then pick up rental properties as the deals arise. 

The problems that arise from not performing necessary maintenance can be much more expensive than a few hundred dollars of maintenance and I personally see it as penny wise pound foolish.

Property owners are exempt from this, which allows folks to sell their own property without needing a license.I think where the controversy arises is what exactly constitutes ownership?

This is without any issues that arise too.  

Being in a rising interest rate environment (they just raised rates again yesterday and forecast 2 more this year) it's generally not the best idea to tie cash up in CD's. 

This caused me a rise in interest rates and the second hit to my credit since it had to be pulled twice over the period of closing. 

Besides potential improvements that can be made to increase the income, I'm concerned about additional expenses will I'm sure no doubt will arise once I visit the properties/ am provided the actual financial sheets on the properties.

Hopefully when the next issue arises, she’ll work with you too.