I want to built a nice looking house for an affordable price that will ultimately bring value to my restoration and bring a nice profit. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

@Rabeeya Khan Croker Highlands is a nice area. 

Buy a nice property with no issues.

If holding it causes you to lose money month after month, but appreciates nicely when you sell a few years from now, you could end up making money.

Should I play nice and allow her the extra time?

But both this and the HELOC alternative would translate into 100% financing and I doubt you'll find such good deals that would cash flow nicely at 100% financing.

We have an opportunity to buy a nice property in Georgia, but are told it's an "estate sale", with special rules. 

Not no rehab.. and you don't get fake tenants and fake leases.. and payments on empty properties etc etc.. that gives you an illusion that your investment is safe .in my almost 2 decades of funding turn key this is the biggest violation of the public trust I have seen.. many get away with it for 2 to 6 months then go broke but this has been going on for pert near 2 years.. and now all these nice folks are learning that they were sold a bill of goods in many cases. 

However, there are a lot of hotels looking to build in and near downtown Waco and you best believe they will start lobbying and pushing their weight around to get STRs banned or regulated as much as possible when they start moving forward with development.