@Douglass Belt - I don't think you will ever have a lease that will capture every possible sticky situation.

Paying all cash for a rental that you plan on holding is a fool's game (unless you capture massive equity and don't plan on holding long term).

Of course, the picture is static, so it captured the values I had input when I took the screen shot.  

This would imply that some amount of repairs or cures would be needed to capture the "potential" of the home selling for $155,000. 

It's the same reason you can put an investor lead capture API on your website and send information to someone who requests it. 

Often this means that your captured equity (difference between purchase and after repair appraisal) covers your downpayment or at least a large chunk of it.  

We've found people with Keller Williams to be the most "investor-friendly".But I will admit, after handing over quite a few listing opps to my agent friends, I really have questioned why I don't just get my license and capture that part of my business.  

I'm going to use SmartMove for my credit and criminal background checks.  I'm finishing up my paper application now and wanted to know if it made sense to record the applicant's SS number on the application?  Obviousl...

I would suggest this as a minimum target plus some equity capture.

If you don't at least have that it is probably not worth attempting to do it unless you want to fly out this way a LOT.You can just try to wholesale it or you can work out something creative to capture some upside as well.