Previously, that 2.5% could have served as a powerful negotiating chip, either to bolster your offer or to pocket as a credit.

Its a more saturated market now due to low barrier to entry and all of the "guru's" selling Arbitrage online to folks.

I am also aware of using business credit cards and liquidating them, however is that a good route?

Unfortunately this is a low income working class area. 

Quote from @Bonnie Low: The combination of the two is not a ridiculous idea.

I'm trying to decide between renting the basement as a long term rental (and figure out something with the yard and utilities), do a short term rental like Airbnb or Furnished finders and give upstairs a utility credit, or leave it up to the current tenants to sublet it on Airbnb or find another roommate (so I don't get calls about tenant disputes since they will have chosen them). 

I'll start with the Axios interview I gave back in December and was published in January  Case and point, the low skilled Agents will be pushed out as there is now less low hanging fruit out there for them.The Elite Agents who have been superior to the low skilled Agents in everyway except for the willingness to work for a low wage, will no longer have to compete with 1,000's of low skilled Agents offering their services for a much lower price than the Elite Agents.Fewer low wage Agents means all that money rolls right back up to Daddy.

We have quoted some DSCR’s lately in the low 7’s when credit was good! 

i dont consider not being able to find an attorney a red flag, is just that they're not insured to do these kind of transactions i found out. i'm sure that other investors are doing subject to deals in north carolina and they're probably using an attorney, or this can also be done by you without an attorney, just need an attorney to prepare the deed. as far as the seller is concern, they have three choices when facing foreclosure, they can catch up their payments on their own, get help from an investor to make up the back payments and take over the loan and make the monthly payments until they're able to cash out and pay off the loan, and third,just go through the foreclosure and completely ruin their credit and i mean very bad credit. 

By taking advantage of the low rates with the VA loan, I have been able to hold a property that cash flows $200 a month.