I feel versed in the process and still would like to find someone experienced to do this with.

RE investing has been something I wanted to do personally.

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

If you hear from him again or an attorney, be sure to respond immediately by your own attorney if necessary.Not sure what the laws are in your state, but you want to do whatever you need to to confirm the tenancy has ended (whether that is by abandonment on his part or with proper notification to end a month to month)

Pittsburgh is a good market to make money in now cash flow wise and has good upside as well if you know what you are doing. 

Do you have investment properties already or are you just getting started? 

Although, we have a similar structure for our PMA’s, we do not treat security deposit as income but more as reimbursement for damages.

While I think neighborhood farming is a good idea, I'd say instead of doing it geographically, think about who is most likely to move in your community. 

Do we see text blasting as a viable option for marketing?

Is it worth paying their annual subscription fees and do their 30-day rent guarantee mean anything if they aren't refunding the payment?