This is especially true when the founders are going to be successful if a startup starts to raise money in order to be successful.

Add value and raise rents for a refi?

Existing tenants and leases become a liability if you want to raise rents and/or remodel. 

I was raised frugally, so I spend little by nature.

I told them that while I would like to buy it, it would probably be a lot smarter to hold onto it for the rest of her life, that way the cost basis would raise up at that point and you'd pay no taxes. 

I am looking to raise capital for my fund that invests in SFH home sales and rentals on Long Island.

@Michael Ealy totally agree especially with the first point in California with prop 13, there a lot of agents who don't understand the implication of the sale when they are listing (or they don't care).Also there are many times that rents are under market and can be raised, or utilities can be submetered easily.However to caution the newbies while you might not want to base your decision on actual expenses you certainly don't want to use the seller's pro forma numbers, as those will paint the rosiest of pictures, use your own numbers to evaluate always.

There is no right of redemption in GA, so small chance of the foreclosure not completing unless the borrower raised an issue with the foreclosure action if done improperly. 

Building is solid. 2 units have tenants that have been there 20 plus years ( their rents are about $100 per month under market rates)I can maybe raise rents a bit for $2,400 more a yrI can pay cash.

If the driveway- garage differential is big (for example, the driveway slab is sunken and you need to raise the house, you'll end up with an even bigger gap after repair) you might need to replace the driveway. $$$$8.