So we were getting our 1st house and got married at the court house.

Cash downpayment (my dad had $20,000 for us for our wedding instead we bought a house and got married at the court house) the balance and Reno was Hard money How did you add value to the deal?

The second tenant appears to be following the lead of the first.

If something goes wrong in a property you're "managing" and you screwed up somehow, it's amazing how quickly your close friends will turn on you and you end up in court.

Check with your mortgage broker to see what you may need to provide if you are on the deed... but I'm reasonably sure you will be asked to sign the security instrument (mortgage or deed of trust) since this appears to be a requirement in the Fannie Mae Selling Guide.

I called the local magistrate court that handles evictions and she says the governor ruled the moratorium unconstitutional so it has been lifted in the state (GA) as of a few weeks ago. 

.$3600 per month - property taxes - utilities - trash removal - property insurance - rehab costs - vacancy rate - cleaning and maintenance when tenants move - property management costs - accounting costs, etc and if you pay cash for everything you will still probably come out okay, but if you pay $54,000 plus $150k cash for rehab + all other costs the big question is; can you invest your $200k into a more-profitable property vs. spending very good cash on something that almost appears to be a huge dinosaur you will need to clothe, feed and he will eat you out of your own house.We need to see all the numbers and stretch them out like in the chart below.The following chart is what I am guessing your numbers will look like.

@Dennis L.I am not sure if you will be hit with 30% taxes.It appears that you and your properties are located in a state without a state income taxes which eliminates state taxes.Capital gains tax rates are either 0%, 15% or 20%. 

You definitely want to join it with rebar.Whether you repair or replace, it is unlikely the cracks will appear again for several years.

It appears to be a diverse economy attracting visitors for several different reasons.