If you're in East Lake, it's city of Atlanta, trendy, high taxes but the Drew Charter Schools could be a draw for the right family. 

Some old classics may not be in kindle, but getting more rare.. but some fairly good selling books from the 1980s or 1990's that are out of print may or may not be in kindle...Also, nothing easier if you are on the phone or online and need to grab a reference from the shelf than an old fashion paper book in hand (no dead batteries, no scrolling,)....Also, easier to loan or give away...A few may have forms (like legal forms) or drawings that may or may not translate well .

Obviously the funds left in escrow go back to them and you only refi/payoff the draw amount. 

Do they have multiple heirs and no way to divide a property? 

In my free time I enjoy reading, drawing, and playing video games.I look forward to getting to know you all.

In PA this is calculated by the value of all gifts in the past 5 years divided by the average cost of a nursing home, about $10,000/month.

The Cap Rate is simply a ratio of the NOI divided by the sale price, therefore, is dependent upon the characteristics of the property in question.

My biggest advice, never, ever let them get ahead of you on draws and I would advise until a level of trust is established that you purchase all the materials.  

One thing that is not clear to me when I read this thread is where people are drawing the line on Property Management.

The information divides somewhat on the lines you mention, flip versus buy and hold, but there is some overlap too (like fix up and rent, for example)...lots of free info on any strategy here...best of luck