Not sure if funds can be utilized in CD accounts or maybe just funding a high interest bearing account. 

Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.

If you're thinking of Oakhurst, I would highly suggest not having a property on the opposite side of town to the national park.

@John CastleberryCost seg has become a highly popular strategy but there are several blind spots to consider.

Therefore, it is important to examine this "yield" in advance and choose a property with high profitability.

They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

Not the situation I want when selling.So the risk is low demand in the face of high supply and a cookie-cutter condo.

Quote from @Evelyn Allasi: Hi, I am new here, new in RE in general, and I have a question, if there is anyone local from Akron I would highly appreciate the input.

It's also an old house without renovation so highly unlikely to get a high rent compared to the area.

Also, my tax bill was super high this year since my property didn't really require any maintenance last year, and this would be a beneficial write-off as it would buy back time and ensure a quality property.