@Roshan Khadka Strongly encourage you to explore ‘Fixated on Real Estate’ there events are typically between Seattle & Tacoma but they offer 60-90 day challenges which are workshops for newbie investors.

I would encourage you to listen to your wife and hear her concern.

Thank you for the words of encouragement.

I would encourage you not to post this level of detail on a public website.

I would encourage you to not buy if it doesn’t cash flow.  

Would love to hear about other people’s stories on their first time home buying, advice, words of encouragement, etc.

They are designed to encourage investment in underdeveloped / undeserved areas to spur economic growth. 

See the 4th picture below for the plans.Tip: In Central Florida, ADU's are encouraged.

Or, perhaps his agent will successfully locate an owner-occupant able to overlook the required repairs.Either way, I encourage you to stay very close to this seller every step of the way and see how you can help him get to Kentucky as quickly as possible.Deals are created in the followup!

I would highly encourage you to have the tenants pay for any metered utilities (like gas and electric), otherwise they have no incentive to conserve and it could get quite expensive for you as the landlord.