It is the same reason people who like to cook open a restaurant and most fail in spectacular fashion.

Two books I found extremely helpful for me are1) The Hands Off Investor by Brian Burke2) Investing in Real Estate Private Equity: An Insider's Guide to Real Estate by Sean Cook

NE Cook County is south Georgia living at it's finest and Chaserville shows it!.

It would put me at 50%+ debt to income ratio.

Also I do not live in this state myself and so far the banks and cu's have not had much interest in talking to me at all as they mostly all say they do not give investment loans for prices this low and also they do not loan to LLC's.

Sorry for the misunderstanding: those are not cosmetic issue to me at all, I named them because those are the main "real" issues in the kitchen.

I set my initial rent at the higher end of the market range but realized that in this specific area, those that were able/willing to pay the higher range were applicants that did not meet my credit and income requirements which was not intuitive to me at first.

Which would put me at 7 rent checks with me living in the space as well.

He quoted me at 5.375 - 5.625 at first..until I told him balance and Value, then he said probably 4.875-5.375...I was shocked. 

I personally think that it would be easier to move me at their expense .