It is always easier to rent before the fall semester, so you should probably try to get the lease to end before the next one. 

If you purchase the rental with solid numbers with at least $200 a month cash flow after PrincipalInterestTaxes (about 2.9% of value)InsuranceManagement (8% to 10%) rentVacancy 6% of rentMaintenance/capital reserves 5%to6% of rentYou should be good in a down turn even if rent falls a little bit.  

You can always write a secondary offer now in case the first offer falls through.  

The rental income falls about $200 short from covering my monthly mortgage payments.

We had the utility between tenants and it was a bad deal for us as we had several tenants fall behind on there bills and utility company transferred into our name auto even while they tenant was living there and fell behind on there rent then they continued to stay through eviction running bills up and we was not able to shut off as we was not a utility company and land lords are not allowed to take it away here in Ohio so we got screwed and still trying to chase them from job to job attaching wages its been years.

We handle a large number of turnkey investments in the Metro Detroit area which falls inline of her pricing recommendation.

I've gained a lot just from asking questions and reading through posts in just a few months on the forums.Also - note that there is an upcoming meet and greet this Thursday in Fall River.  

If one deal falls out of it, we'll be fine. 

Good to be here and I'm hoping that I fall in love with it as well.

The market in Idaho Falls and Rexburg area has been rather difficult to find any deals the conventional way.