Purchased various sheriff auctions, short sale, and just low balling.

House hacking strategies include living in one unit, renting out the others, renting out rooms, and mid-term rentals.

I have a long-term rental in STN MTN (Stone Mountain) GA, and have a one year lease with a section 8 tenant and content with the cash flow, however, I can make more if the basement gets converted to a separate unit.

The truth is that any business can lose money in the short term and long term. 

Aaron,No you will not find a Bank/Lender that will go into 3rd lien position if you if did I would not want to see that rate in terms of "High".

Our combined expertise and strategic approach enabled us to negotiate favorable terms, ensuring a successful fix-and-flip transaction for Partner Driven.

It sounds like you've really thought through not just what a good deal looks like today, but the other factors that will contribute to a more long-term appreciating value.

So, if the seller is unable to do it from their proceeds or something, then I would budget for that amount out of pocket if it is still a good deal at those terms? 

Can someone help me with terms? 

Short answer - yes.Long answer: you always have to return ALL kinds of depreciation when you sell.