Searched online for 7 years for properties in Tennessee when this one popped up at the bottom of our search page.

Bottom line its not an easy business however if you can get your first 5 to 10 years in you will / or should be doing most of your work by referrals.. then its hands down one of the best business's out there for the cost of entry freedom of your time freedom to do deals.. 

You need a neutral third party  and I am assuming your grandma would not be neutral.You can close before id'ing on day 45. 

We definitely used the full report from our inspector to negotiate with our seller at the time and it helped provide a great neutral ground. 

Finally make this info dynamic and have it flow this info into another tab where it keeps track of your bottom line for all your properties. 2.

I here your point of being mindful to not put ourselves in a situation where we are over-leveraged - but here is our thinking, let me know your thoughts.Where we felt this may be advantageous are deals that cash-flow enough where we are able to pay off both loans (business loan used as down payment & property loan), all expenses, and fund our emergency/safety buckets (Capex, vacancy, maintenance, ect.)We are both young and are finding it difficult to argue with acquiring a property without money out of pocket in this way if the rental income can support both loans without applying too much stress to our bottom line.From what we have seen, taking on BOTH a business loan for the down payment + a conventional mortgage or commercial loan would result in equal or lower (interest) payments then any hard money that we have come across. 

Even just renting a room can be a huge benefit to your bottom line. 

You want your bottom line question answered.  

The VA appraisal came through fine and the inspection noted some dry rot under a facia and some on bottom siding, and the buyer did not ask for anything other than a quicker closing this month!

My properties are averaging close to a 50% increase in annual taxes.Proposed Rates (as of 5-7-19)Mecklenburg County      $0.6169 per $100  ($0.02 above revenue neutral rate)City of Charlotte              $0.3481 per $100  (keeping at revenue neutral rate)