Once you file for eviction offer him $1000 to get out as good faith or help him find another place since you are still family if you want to try to go out on a halfway positive note. 

A lot of buyers don't have the financial strength to obtain a mortgage; so, sellers and their agents get skittish.And the market is hot; so, sellers are getting all cash offers...or, at a minimum, offers from pre-approved buyers.Your DTI can be positively or negatively impacted by the positive or negative cash flow from the acquired property (rents less expenses and mortgage payment). 

My guess, is that at this stage of the cycle and with the positive growth that Atlanta is seeing, these properties are in D class areas.

@Don Carey have you looked on the NARPM website for someone local to your market.  

In anticipation of this call, I was wondering if anyone had experience with Memphis Invest, whether positive or negative, that they would be willing to share. 

I don’t know if a service but we have had a lot of success with streamlining positions along with workflows and systems.

I've checked websites of foreclosures coming up and have posted one AD on craigslist.

interest rate is Half of what you should get for second position.. in my mind. why would you do all this and risk this for 1,600  dollars total income..

That's a great way to get into the business.A few tips that may be helpful to you here on the Bigger Pockets website as you build your portfolio:You can set up keyword alerts so anytime someone posts about Layton (or the specific neighborhoods you're exploring), you'll be notified.

I found this website by listening to the Bigger Pockets Money Podcast.