I'd also read "5 Simple Commandments All Real Estate Wholesalers Should Live By" by Ken Corsini. 

Finer finishing touches should help distinguish your house and command a higher rent.Great job!

I do have a question about it - You purchased it for $23K and it commands a rent of $875/month from one tenant - how is that possible to have a rent so divergent from the home value?

Further, knowing the tenants have an almost guaranteed steady income, and you can report to chain of command any issues with the tenant.

Craigslist is a good way to see what different finishes are commanding in the market.

This house is in a super trendy neighborhood that commands quite high rents.

From a strict buy-and-hold perspective--i.e. not taking into consideration the future marketability--should an apartment building in an SFH-dominant neighborhood command a higher cap rate at present?

Go on-line (Craigs List, rentometer, etc) and see what comparable units are commanding for rent in the neighbourhood.

Literally, the only thing that made me continue at times was the fact that God has commanded that it is only his choice and right to decide when our lives are to end.

You could pass on the cost of the Water Sewer and Garbage to the tenant and pick up another 2,880 or bring your cash flow to 3,569 for the year.If I was going to offer on this property with out walking it and really seeing what needs to be replaced and fixed prior to raising rent to command the higher end of rent I would offer in the 160,000 range for this property, but that is me and I am not you, so you need to really look at all of the numbers and calculate what your price for the property is and what it is listed at has no bearing on that decision.