The appreciation could be 2% per year on that low price point property.

If there were other issues though, be aware that they could choose to enforce this minimum at any timeMore recently, the city has created a rental database with contact information of all active rentals in the city that law enforcement and city officials have access to.

If so, you may choose to simply add it to the lease as being damaged at move-in so the tenant doesn't get charged for it when they leave.

That's why the cash flow is low on that one, because it has a bigger mortgage.For the most part I consider Taylor to be B class.

No appraisalI realize I don't get to choose the terms when using a white label service but I'd like to get close until I have my own funding. 

It was listed on Zillow for $110k and we made a low ball offer at $90k, ended up getting under contract for $95k.

I’m not saying it’s impossible, just that your chances of success are very low.

No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

They were getting a fair amount of leads but most of them honestly were either duds or low end properties. 

Hi Ryan, like @Nathan Gesner mentioned, it's important to be selective when choosing people to partner with.