An eviction will be expensive and lengthy for you.Divide your annual cash flow into the cash invested to get your cash on cash return and compare that to alternatives.I've been accused of being too focused on cash flow, with some justification.

@Megan Clancy thank you for your reply1) I agree about not putting money in someone else's pocket however, given my personal situation + area i live in his justification is i don't even have money for a down payment yet, so why put all my cash in a property that wont wont ultimately help my buy a home quicker.

Blast away on social media and reviews, it's free justification. 

Thanks @Jason DiClemente The agent could be a part of the issue, I initially mentioned to the agent that I thought it was priced too high and the justification the agent gave me was it's in line with Comps at the top of the market, and that it also gave us room to negotiate on price if needed.

I personally have a hard time increasing rent without justification.

The thing is, you need to have Justification for your offer and stick to it.

My other and final justification for this theory where essentially, this is the borrower's fault and the loan matured.

Here's another thought though in terms of justifications with IRS for selling vs. holding within a short term window.

We do not have to use a 2 year average for rental income if there is justification, like you just purchased the property last week.

I believe you would have been better off just making an offer without the long justification.