Now, if you are looking towards the Forestdale/Adamsville areas of Jefferson County or actually north of the city limits of Birmingham, there certainly are good B neighborhoods.

I actually just acquired a property from Networth in Austin where the values are already going out of range for cashflow numbers to make sense. 

I'm actually a graduate from Tulsa union 11 years ago!

But they felt we needed reserves and want to put a credit line on another apartment building for $820,000 and restrict $500,000 repairs and allow $320,000 for the actual credit line.  

We have no penalty for not closing on the 14th and on top if they are not ready we actually benefit.  

no  it     is actually pretty easy  just a few things we need to do feel free to contact me for info

My source of funds are taking withdrawals of ROTH contributions (last choice) or using part of a large monetary gift that my parents are going to be gifting to me as part of their estate planning.

I actually just finished Think and Grow Rich by Napoleon Hill and I'm on The Lean Startup by Eric Ries (for my business class).

You could lose control of expenses very quickly if you don't know where each dollar is supposed to go from the beginning.The lump sum he provided sounds more like an estimate and not an actual bid.

What is the actual problem?