We have not gotten written information about the tenant's employer and rental history.

@Nerissa MarburyIf she is the tenant from hell, charge her as much as you can possibly get out of herIf she is long term, with perfect payment history......put it down to experience or charge her a token amount

Both my daughters did the same (with a little push) & it's paid off in spades.

My daughter is trying to do the same thing in the Washington DC area now and having trouble finding anything close to that good. 

Use of these indicators, of which one to consider is the history of appreciation, makes the expectation of appreciation qualify as an investment.The most experienced investors in my market use a conservative estimate of appreciation in the ROI forecasts. 

Like all tenants however, the key differentiator is not whether or not they are Section 8...but how well they do when you screen them and run their background checks and history. 

The caveat to the first option is I want to keep the same company name as it is our daughters initials.

I plan on building a relationship with the seller to get more information on the deal such as a list of all the properties, current rent, rent history, status/quality of each home, cap rate etc.My issue is I don't have anywhere near the 20% to 25% down payment, even if I were to negotiate the price down by $1.5 mil.

We have only a few examples in history where price is actually went “down”.

The rest had evictions and very poor credit history, along with not meeting the income requirements.