I also was able to fix some leaks in the old plumbing and make other improvements to the safety/livability of the space.

.~ Anonee Moose (fictitious name for security/safety reasons)

Here's what my lease says:"Landlord is not obligated to make repairs if the Tenant is delinquent in rent unless there is a danger to the Premises or the health and safety of others."

I understand the ultimate cost is higher due to interest, paperwork, etc, but the safety is also higher.

Does the renovation budget include large egress windows (safety, natural light, and rent boost)?

Especially when everything is done above board, disclosed, and with the safety of Agents on ALL parts.  

I replied to the email this morning asking her to call me to let me know exactly what's going on, but that if she feared for her safety that she should call the police first.  

You can then leverage your paid off deals.A good cap ex safety net of reserves is about $10,000 per unit.I don't really understand notes yet, but it could be beneficial to use a note on each property and continue buying(My own tip) Set your goal, then work backwards.

I need a place to start and this seems like the cheapest route financial without compromising my safety.

You may see better rent to values in those areas and possibly lower buy in (some don’t have city taxes, making cash flow more attractive as well), however you’re giving up a little bit of the safety net of the college population that wants to rent and a lot of commuters who want to live closer to RTP.With the amount of people moving from the north east I believe all areas will grow over the years, it just comes down to the amount of work you’d want to put in, the type of renter you want to cater to, and your business goals.