Rather a dose of cold water now than a flood later!

I suppose house hacking COULD be possible, however I'm wanting a bigger house to have room and stability for my fiance and her kids, so living for a year and then moving to something else may or may not be something that's on the table.

There must be a reason he's leaving $70k on the table.

Looking at a deal I've got on the table in East Nashville, for example, I'm seeing about $60/ sq ft under ARV being modest.

The entire street and surrounding streets are all have a well as the water source.

If electrical wiring and plumbing are damaged, worst-case scenario you are looking at all copper wiring and copper water lines being stolen.

A glance at an amortization table shows that the majority of early payments are interest and not principle, so his realized capital gains will be very low the first few years as he's making mostly interest income rather than gains.

Completely new kitchen, bath, high efficiency HVAC, new water heater, everything freshly painted, re-finished existing hardwoods.

The current lease states the landlord is responsible for water, sewers, and garbage.   

I will put a table together showing you your options.