So, are you planning on putting more money in the deal at that point to make up the $63,250 difference?

It's probably best to start by reading up on some books on the subject as well as networking with others here who have done these types of deals already. 

Eventually we would like to fix up the short term rental in the Smokies as well, thinking that we could do this for approx. $5000. 

Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same.

What are the advantages of doing a BRRRR on an existing property vs. buying the land and building a new house from the ground up? 

.• Bulk Waste Limit: Residential bulk waste, construction/demolition, and green waste disposal are limited to a 5' x 8' truck bed load or small trailer per day.𝐂𝐞𝐧𝐭𝐞𝐫 𝐕𝐢𝐞𝐰 𝐑𝐨𝐚𝐝 𝐌𝐮𝐥𝐭𝐢𝐩𝐮𝐫𝐩𝐨𝐬𝐞 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐂𝐞𝐧𝐭𝐞𝐫 𝐭𝐨 𝐫𝐞𝐨𝐩𝐞𝐧 𝐨𝐧 𝟖/𝟐𝟔This newly renovated multipurpose convenience center will serve as the first multipurpose site to serve both Sevier County residents and short-term rental unit cleaning companies.

For a conventional loan the UW will "source" all deposits on the bank statements. so, if 20k just shows up with no explanation they are going to ask for proof of where the funds came from.

It should allow you to set it up as a recurring meeting and set the frequency (monthly, every 3 months) and end date. 

While you’re at it don't forget to set up keyword alerts for topics that interest you: http://www.biggerpockets.com/alerts If you haven't already, also check out The Beginner's Guide (http://www.biggerpockets.com/real-estate-investing), it is packed full of great info. 

They can be as big as up to 1100 sq ft.