I have a lot to learn and look forward to networking as well as reading up on all the great material this site has to offer.

As luck would have it, my Architectural practice has specialized in energy efficiency for over 30 years...and I have designed quite a bit using the materials mentioned in the house.  

My question is should I offer the seller more money ($5,000) and say it's for appliances, flooring & other building materials I saw when I did a walk thru? 

There are several things I did to improve this: - Spend a lot of time at Home Depot/Lowes and when you hire someone try to buy the materials.

I now need to locate some good marketing materials for inherit list. 

This includes materials.

I know being 21 and not afraid to make big decisions can have both positive and negative externalities.

This is in Fulton county in the city of Atlanta and not the external counties in the MSA area.

If you are reading materials based on rent credits of 50 - 100% is a good way to entice the tenant buyer to sign a lease and an option, that will not fly as far as the loan originators allowing the credit.Rule 1.

Doing the cabinets then tile up to saves tile material and labor costs so when possible, that way is better, but not always.Great job so far, I would be interested to hear about your final numbers once completed.