I obviously haven't seen the condition of this property, but just gut-check I'd have a hard time believing anything under $500/month.

I believe tenant laws in Saint Paul can be quite strict.

I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose? 

Not to be prideful but I just believe in this !

I believe even if you go through Quickbooks bookkeeping they now start at $300 per month.

I don't believe that is the message we should be sharing.

I believe the water damage is the root cause of the mold problem, and I’m considering filing an insurance claim to cover the repairs and remediation.For those who have gone through this process, what steps should I take to ensure the claim is handled properly?

A lot of new investors are told the cash flow is low, but the appreciation is high (in a stagnant market) and they believe it.

I believe you still have to live there for a year after work has been completed, maybe a year after close is all with 6 months to finish the work. 

Separate the two issue (them being a tenant and them wanting to buy a home) and don't believe anything unless it is in writing.