The breakers kept tripping that's main reason why I upgraded the electrical box and a lot of diy handyman special upgrades and repairs throughout the years in this house.

THIS IS WHY PEOPLE DON'T LIKE SECTION 8; SHE WAS PAYING $200 AND SECTION 8 PAID $900 BUT ONLY FOR A YEAR; THEN SECTION 8 PAID 100% UNTIL NOW (4 YEARS); THAT'S NOT GOOD!

People told me to invest in Columbus, OH.

I would side with your wife on this one, I typically tell people to stay out of AC, Trenton and Camden or any D area especially if you're new those properties are very labor intensive 

Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs. 

Making a post here to connect with local people in your market is a great way to start!

To me, that's just taking advantage but people will pay what they will pay.$1k UW - This is within the range$1k Legal - This is within rangeAdditional costs - title, appraisal, property insurance (~$2k)10% of renovation estimate as contingency due at closing.Renovation funds issued on a reimbursement basis for work completed. - I never, ever heard of 10% of the renovation funds due at closing and I've closed 100s of bridge loans with many different lenders.I think there's way, way better terms out there but I do not know your credit, if it is good these terms are way off.

Expecting other people to solve your problems7.

I am currently a special education teacher looking to transition to real estate full time in the near future.My hobbies include staying up to date with the market, leatherworking, and being a geek/nerd with my friends!

Here are some potential steps and considerations for your friend in dealing with this issue:Steps to TakeConsult with an Attorney: It is crucial to seek legal advice from an attorney who specializes in real estate law.