Won't that make his payment actually go up by reducing the value of the home which is now on 1/2 the land it used to be?

Avoid properties on main streets (traffic noise, avoid homes near freeways (smog/traffic noise), avoid homes without garages if most other homes have garages, avoid being in airport flight paths, avoid over building or over rehabbing for the area comps, know how to properly and accurately estimate ARv and rehab costs, and have money lined up in advance.

They best people in town doing this are tommy harr and the guys over at legacy homes. 

Lucie doesn't have any mutli-family homes however I do find homes with mother-in-law suites from time to time where you can have more than one tenant living in each unit. 

Bought new home and had it rented out in a day.

You can plan to convert to a LTR as a backup or if you’re starting out only buy where you’d ultimately want and could afford to maintain as your personal vacation home if needed. 

Purchase price: $380,000 Cash invested: $60,000 Sale price: $525,000 I was asked by the realtor to give the owner recommendations on what would help the sale of their home.

I think it could be something if improvements made, maybe.  

Also, when landlords can not sell their home because no one can afford 7% interest with 3% interest rate prices, something has to happen. 

Also I have a family member in Knoxville who has background in home repair and is willing to help where he can.