He's taking a small cut for the convenience but he said it is worth it!

At $7,800, any cut to this cost would help your cash on cash return dramatically.

In ANY business, there is no short cut to actually meeting people.

What this has done is trap me into believing that self management is not a big deal and I may not need a PM company but I want to cut that cord so that I scale so now I am in the search of a good PM company. 

Im new in the investing space and im looking for more experienced commenters to give you more insight into how to navigate the financing aspect of things.On a more personal note, if you do get involved in buying a property from a family member, my advice would be for it to be a clean cut to minimize any future problems.

According to the After the TDS is delivered to the buyer they have 3 days (if delivered in person) or 5 days (if mailed ) to cancel the contract The law does not tie the delivery of the TDS to the inspection.

Of course priming everything (trim and walls) is easy, painting would require more work as the trim is usually a different colour and more cutting in is required.

Is there anyway I can cut my closing cost?

I am in the process of tying up loose ends that the appraiser pointed out on the property.

Also are you tying in to existing Storm Drain and sanitary sewer or are you putting in septic tanks and leach fields?