What you paid for it and invested in its upkeep are not factors for pricing/selling a property. 

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

This includes flooring, painting, bathroom upgrades new light fixtures, usually there’s about $800 in electrical costs factored in here and all new cabinet hardware.

The biggest factor will be how long you plan to own the property or when you think you may refinance.

Just factor in a little time and effort to get everything squared away, and you should be fine!

Speed of building a portfolio (Cash-on-Cash return is a factor here)?

If it had been my client buying this property, they would have paid a lot less even with the full commission factored in. 

I would consider the tenant's past, as well as the condition of the unit, my local market, and other factors.

DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

And this low demand could be a couple of factors, either a rural location with low population density or the area incomes are not high enough in order to prevent a rent burdened scenario.