@Ari NewmanSince you've bought the property cash why not use " delayed financing"  to pull all your money out plus the rehab costs and continue investing with the same money.Your ARV according to your sheet is 175k and your LTV at a conservative 70% with the delayed financing would pull 122.5K out of the deal.

Anecdotally, it feels like the Triangle is slowly going up--but we haven't had hiccups in population growth, which will likely be part of what causes rents to stagnate or drop, no?

Here is a link to his video answering some of my questions.I've created a YouTube channel to document our growth as multi-family investors.

I suggest you avoid TD based on my recent experience with them for this particular purpose - I continue to use TD for lots of other banking. 

I don’t know her money situation but it’s fair to say if she can continue to pay 1,200 in rent and afford to continue to pay the utilities along with iphone car payment and satellite tv then she can pay another 50 a month to uphold her responsibilities in the lease by hiring a local teenager to cut the grass  .

What specifically will continue to drive appreciation for this townhome?...

You'll find a ton of great material and people here.In terms of your RE strategy, are you planning to continue to be a landlord and buy SFH and residential multi-s, or do you want to diversify into other RE investments such as syndications for instance?

I plan on continuing to purchase more land with my profits and continue to build  my profit.

If I were to take this deal since it will barley cash flow if anything is get credit insurance to guarantee me income and use the property for equity growth and a tax write off

As for me, I'm going to continue playing it safe, or as safe as possible these days.