I wouldn't worry about the tenants so much as the long term viability of the house as an attractive rental.

That should give you some breathing room.  3.

So I'm looking for a different lender with those more attractive rates.

The profit margin after the sell on these properties would be ridiculously attractive to a lender and would be a good start to my eventual buy and hold business model. $230k Retail Both Properties-$80k Loan$10k points Interest$140k-$20k investment-$7k Fudge Factor$113k PROFITWorst case scenario I can run over by $30k or get less at retail and still make $80k profit The question:Is it possible to structure this as one deal to a hard money lender or are there laws or rules in Georgia preventing me from funding both as one?

I'd rather have tenants that can mail rent on time and be in a neighborhood that attracts a better tenant applicant pool.

The balancing act is to not have so much that you look attractive to a lawyer while still covering actual/potential liability.  

Hey BP -Thank God we have people in this community who eat, sleep and breathe taxes, because this stuff is going way over my head.

Fewer restrictions to close.... buying cash, quicker close, fewer contingencies, etc... all make your deal more attractive

Basically rent to price ratio made it very attractive. 

Most of the buyers were from NY/ NJ markets as price points here in the Carolinas much more attractive.