This is highly specific to the loan product and the lender.

The seller, who had inherited the home, wanted to sell and move in with her elderly father.

Thanks for the reply.

A healthy dose of skepticism is good, but usually they want you to have the best experience possible.

Finding a househack in Buckhead will be tough with your income and the average price point. 

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

Hi All,Posted the below on in a couple other forums in hopes to get more eyes but this seems like the best one for people just like myself.I have just started a career transition and excited to be getting into the real estate industry.

The rental market is softer than it has been in years. 

I recently bought a primary residence all cash and would like to put a HELOC on the property to use as a revolving line of credit for various real estate projects I am working on.

The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.