D is clear, it is war zone areas where you would never want to go after dark. 

My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that owns a Davidson County, TN residence free and clear of any liens.

Originally posted by Account Closed:@Adam Adams3 appartment buildings and 6 houses with 40k in hand121k gross income at say 10% annual that's 1,2m worth of real estate That's a 30:1 leverage...or 97% LTVI want the name of your lenderHonestly after the subprime crisis mess, i thought they would ban that kind of excessive leverage but it seems it is back to business as usual My average LTV is closer around 55% *NOT 97% The part you missed is: I'm not paying market value: To be clear, my lenders are private lenders.For example:Step One: 40k in the bankStep Two: Purchase 100k worth of property which grosses 18k/yr.

There are places like Indianapolis and Milwaukee with $50k duplexes that rent for $600/side.If your property isn't losing money and you want to keep it, I'd try to find a way to increase your rent (renovations, etc) or cut your costs (change insurance, refi, etc).As far as amortization, my feeling is that you either want no loan, a very short loan (so you will own it free and clear soon), or a very long loan (so you can cash-flow better).

It makes me sick.You may have something specific to your state, but from a national standpoint, the ADA is very clear about ESAs (Emotional Support Animals). 

Then, I started asking more and more targeted questions on forums to get answers that I wasn't clear about.

I wanted to stay in FL so I found the deal I wanted, and then shopped a cash out refi (I owned all six free and clear).

So you have to pay these subs for all this extra work that the village is requiring and those are expenses you never budgeted for and more time on the books for carrying costs that cut into any profit you were hoping to make.

After reading numerous posts and blogs, it has become clear that having a mentor is a key to becoming successful in Real Estate investing. 

Well, yeah, buy it free and clear with cash and it will surely cash flow.