A quite neighborhood at 12:00 noon might be a rowdy neighborhood with obvious drug traffic after dark.You say 2-3 streets away is mostly occupied.

- I just considered an offer on a townhome without HOA and I agree that it made me quite nervous too.

My former brother-in-law is an attorney who closes about half of the transactions in Lauderdale County and does quite a bit of business in Tipton also so I could check with him if you need further assistance.

Obviously quite a few issues here and maybe I have misunderstood what people have been saying about the year timeframe.Thanks for the help and the great forum.

I offered terms that are quite reasonable for me as an investor to my parents (4% for 10 years) and they thought that as too stiff.I'm thinking I'm going to start an LLC with my parents.

This doesnt really apply to 1-4 unit lending unless if its a local or portfolio lender however mostly applicable to 5+ multi family, commercial, and business lending. 5 C's of lending Character (integrity), Capacity(cash flow or ability to service debt), Collateral (equity in property to secure debt), Capital (networth), and Conditions (economy, and external factors)

I am a Nashville native and know the area quite well.

It is quite possible that we will find a buyer ourselves well before the construction is completed.

Hi Everyone, I'm a big fan of BiggerPockets and have been a lurker for quite some time.

No big deal as I have lived with roommates for quite some time.