You will pay for your own title insurance this way, but the other fees make it lmost a way, but more impoertantly you will get a more thorough tile search, and less exceptions ((things not covered) in the B Section under Exceptions in your title policy//committment.

They are only willing to finance a small amount as they say the money down they need to cover the taxes owed from recapturing all the depriciation over the years.What are the rules on recapturing depriciation when a seller wants to owner finance the sale? 

With other minor wear/tear the $700 deposit is not going to cover it.  

You won't have a tripod, off camera flash, or post processing.DSLR will offer more flexibility, and precision, but quality will be hardly noticeable especially as screen size decreases (cell phones/laptops).

This particular lender covers up to 65% ARV.

For example, some people focus on payments and tenant screening, others are more focused on accounting/depreciation/job order focused and yet others are into online marketing.

You might have an existing winter-summer hookup where there is just one boiler that supplies both heat and hot water; if that is the case you would probably be better off doing away with that for supplying hot water, although you might be able to use that to cover one unit for both heat and hot water.

In Tax Free Wealth by Tom Wheelright, he talks about doing cost segregation for all of the pre-existing stuff like cabinets, appliances, floor coverings, parking lots, fences, landscaping, etc.

I am ok with commuting up to 30 minutes, so the areas I've been looking has been from the mid Raleigh area (draw a line from NCSU through downtown) all the way down to Clayton, NC.My fear is purchasing a house which doesn't appreciate at all, having trouble selling quickly, or having trouble finding a renter to cover all costs of the house (including a property manager). 

Assuming all rents are substantial they should be able to cover my debt service and any other expenses needed (repairs, water, vacancy, cap Ex, etc.)