Sometimes one neighbor will cut down another neighbor's trees without permission and it gets expensive to remedy, since the cost to purchase and install similar tree can be really high.

Are you looking for a place for you, or are you looking for a straight rental? 

@Brandon Kegarise - this is a pretty straight forward BRRR sounds like - you'll be into it for 77k w/ an ARV of 105k, but only owe about 30k - you'll need to pay off the owner to pull any cash out, find a lender that will do a cash out refinance - it'll pay off your current seller mortgage (hopefully you don't have any pre-payment penalties) - you should be able to pay them off and pull out a good chunk of your cash.

@Joshua Walker I don't see the BRRRR report... just the straight purchase one. 

Renovation alone won't cut in on a commercial property.

Maybe speak to granny and have her cut out your parents?

They seem to provide okay return but they happen to be in C-/D areas where there is high tenant turnover which will cut into my profit.

Also cut back the info, less is more, if it’s just for contacting you maybe just an email and phone, address can go on back but you probably don’t want people showing up at your door, it just shows that your local but not needed.

I'm going to get a CPA for sure for next year just to get everything straight.

If they get a cut of rent-ready costs, they make even more money off you.