Last time I checked, there is an ongoing case in Pennsylvania regarding whether Pittsburgh has the power to pass such laws.

There's a pocket of really cool homes in the historic district that you can get tax breaks on if you fix them up (intricate process) and there's a good opportunity to BRRRR in the area when that's not the case in much of Durham due to home prices but renters are there - you just have to know what the renters want :)It's also a cool little area nonetheless with great people and awesome food.

Although I doubt that would be the case in Kalamazoo in that price range.  

@Justin Pierce that is normally the case in both MD and DC.

Well that was the case in 2008, but we also did not experience a big run up in rent prices.

@Justin R.you hit on the exact reason why this is the case! In

I don't believe that's the case in my situation personally; my realtor has proven her integrity to me and I do think she is looking out for my best interest.

Using it as a rental certainly helps your case in establishing that intent.  

I think about 7500 will finish the home out.My question is this: if I end up with about 72500 worse case in this home with rents running about 1000-1200 monthly is that a good return and a wise investment?

We have used the enzyme "wash" followed by an ozone generator with success.When it is severe, as was the case in our last reno  - (3 dogs + 2 cats) * 9 years - we ended up gutting back the the studs and pulling up the subfloor.