@Jameson Sullivan, that's a perfect "BRRRR strategy" start, and is often highly recommended.

And Fort Mill seems perfectly positioned to take advantage of SC prices to buy and Charlotte buyers to sell to ;)Here is hoping you do great!

$470 is way too low in case of any emergencies and a park changing hands is a perfect opportunity for local officials to require to bring everything up to current code; even if the park is grandfathered.  

Or is it just a gut feel/opinion of what the neighborhood is like were A is movie-like perfect, C is your average working class neighborhood, and F is war zone?

He has pretty much hit bankruptcy law perfectly.

The house location is perfect, the price is right, and we both loved it when we checked it out."

Cut a big hole in a screen and have the place perfect otherwise."

If this is organized correctly it could be laid out perfectly.

Not perfect protection, but a pretty good bargain IMHO.Russ

When I screen tenants I don't place so much weight on their actual credit score, but more or less their references, past landlords and their employment outlook.Personally, I would rather rent to someone with less than perfect credit with stellar references and good income than someone with perfect credit and good income.