I am the business developer for a national property management franchise in Indianapolis.

Hello bigger pockets nation!

We removed numerous sconces throughout the room in favor of overhead lighting.This used to be a four seasons room which was enclosed at a later date, but some of the exterior aspects remained.

Long-term population growth of at least 50% of the national average (preferably more)3.

There are some judicial foreclosures in CA, and those are handled through the court - though still recorded at the county recorder, as is true throughout the nation.

I guess the numerous comments and replies may make it seem as though I am spending more time on this than I should but trust me, I am not.I am a beginner in the industry and was simply looking for feedback and others opinions about this particular property and seller.

What good is all the money you stole if in 10 years the nation goes bankrupt from the rampant fraud?

Crazy thing is your neighborhood is one market, which is different from the market in the neighborhood 50 miles away, which is different from the state economy, and the national economy.

The properties we bought, rehabbed, and refi'ed were all 2-4 unit buildings.We are in Connecticut, not Tennessee but the feedback we received from banks on the regional and national level was that other than the local banks that hold their own paper (portfolio lender who makes portfolio loans) there was going to be a 6-12 month seasoning period for the refi.  

Since you will (presumably) have better tendencies (research and commitment to making RE your passive income to financial independence) and resources (good PM, contractors, LLC,  personal experiences from numerous properties) what you see as a full blown business now, will transition into that passive income state allowing you more time and freedom that you are looking for.