As mention about the 70% rule, doesn't seem to be working. 30-50k in an offer can can lead to being laughed off the porch.

First, the stairs leading down to it would likely need to be replaced.

If you tell someone too early you aren't renewing their lease, especially one who is aggressive, could lead you to issues.

The interior will need to be repaired and repainted.I've done several 1900 - 1920's and while they usually have good bones, the electrical can be underpowered for today's needs, and the water lines can be corroded galvanized or even lead.

I think you’re under a misconception that’s leading you to think you have options you don’t…You say it’s worth $1.1M and you’d net $500k.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

You can learn to do this independently or get a rockstar REALTOR to lead the way.

How comfortable are you with the idea of trusting agents to lead showings versus allowing prospective tenants to tour properties on their own? 

So usually, it's around 10-12 decent leads weekly from 3000-4000k of contacts we run. 

. :)This is especially true if you rely on furnishedfinder.com as your primary lead source (which you shouldn't, but that's another post) as when you make that connection with a prospective resident, you are selling yourself as a landlord as much as you are the property as a place to live.