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More money going to the IRS. 

Hey @Raghavendra Pillappa, late to the party here but everyone said it best.I wouldn't move forward on this until you find out all the details on if the septic can be expanded and if things were done correctly to add the bedrooms.

I'm meeting with a couple agents i was referred to through my network and am wondering what critical questions I should be asking them to understand if they are the right partners for me in this market, especially considering I will be managing this investment from the other side of the country, and what info I should be prepared to provide to them.

So my question is this, how do I find seller financed deals? 

I am an active real estate broker and general contractor here in Memphis and this is a great market for RE investing!

Appraiser's learned a valuable lesson in 2008 when they were accused of being one of the causes of the great recession.

One of the areas we see investors needing the most design help in is bathrooms.

Unless the $1mm is 100% of the investment possibly.No one can give you a good answer without more details.  

(Bedrooms and such.Would you want an appraiser or realtor or repairman finding your sex toys?