I look forward to interacting and sharing my experiences with you as we start building our portfolio.Todd

I don't anticipate it to continue in the next 3-5 years. 

Check the zoning here: http://www.nashville.gov/Planning-Department/Mapping-and-GIS/Interactive-Maps.aspxI know lots of people are doing that here in East Nashville, don't know the legality of it.

However, it doesn't sound like you're jumping into one of these hot markets based off your anticipated vacancy rates so you should shoot for at the very least the 1% rule and aim for as close to 2% as you can get. 

There are others that can better clue you in such strategies as portfolio lending.I just sit down and write down possibilities once I know what the borrowed money will costs and include all related costs against my anticipated earnings.In your case you would consider what your existing net cash flow is then determine if what you propose to do would actually realize for you an increase in that net cash flow.

I'm looking forward to interacting and sharing with every single member of the site.

I anticipate this being a real can of worms.  

But we had anticipated achieving more than a realtor's commission in flipping this deal.

I need to move money around from other accounts in order to have the balance due available within the auction's time frame, but I do not anticipate that this will be a problem.I know nothing is certain in transactions like this, but am I crazy to think I could get this house for the $25,000 final judgement amount or something close to it?

Because B&H will entail lots of landlord/tenant interactions, Human Factors can become a stimulus to the question.I was an absentee landlord/operator and it was a 2hr drive for every onsite visit -- did that for 19yrs.