I keep seeing properties on MLS and similar sites in my area of Wichita KS where the asking price is 15-20% higher than what the local appraisal values the property.For instance , if the physical property has a value of 100k , but the asking price is 120k, does the the fact that there are existing leases in places warrant a 20% markup in the asking price?

Even if you can buy online, see the physical place before you do.

@Joe SplitrockOur bottom unit tenants were heavy drug users with a history of physical abuse. 

The term "distressed" is relevant to both the physical condition of the property, as well as the condition of the title.I do primarily REO properties, usually I am directly with the financial institution that foreclosed, but sometimes I work through a processor or another agent, depending on the deal.Offer responses will sometimes take 2-3 weeks.

I will get my physical eye on it this weekend. 

There was never a problem until now.To be really honest, after seeing her suffer and completely break down physically, it puts into perspective that money isn't everything.

Then you are responsible for the home until February 28th, even though you already physically moved out.

Tell the tenant in a pleasant straightforward manner, "I will not do anything to the flooring because it is in good physical shape."

However I soon realized, though I kind of always knew, I do not want to do physical labor for the rest of my life.

Would I have to be physically present at any point?