The reason I am looking for properties outside my area is because I live in the most expensive city in the state and the inventory here is extremely low.I am a big fan of Grant Cardone and I agree with him when he says your just have to do it!

I guess from what I have heard once they split from ATL they hired an outside company to do their permits then I suppose they had some kind of split and now Brookhaven is doing the permits and it is taking an extremely slow process. 

It was a calculated risk as in this case the neighbors were extremely watchful of one another's properties. 

"Good and reasonable"...not extremes of Cali or Indianapolis.  

I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...

This makes the well-known "credit card trick" more difficult to execute effectively.Get a stainless steel door frame or an extremely sturdy (ash or oak) wooden frame.

I have found all the information to be extremely beneficial and have thoroughly enjoyed learning many aspects of the real estate business here so far.  

Make a 100K loan on a 1,000,000 property, that lender is not going to get 900,000 as an extreme example.

The chances are probably not very good unless you can partner with someone who has an extremely good reputation rehabbing properties in your area, that person will need to be a guarantor on the loan, and have a long standing relationship with a particular HML,If you have those it is possible, but probably still not likely. 

I see extreme overbuilding.