Many passive RE investors, hard money lenders, and note buyers seem to be happy with low double digit rates of return, thinking that, relative to stocks, bonds, mutual funds and annuities, mid-teens is a respectable yield.  

I have tremendous respect for our military brothers and sisters (and mothers and fathers and grandparents). :)Best of luck to you with everything.

It's always good business to treat people with respect.  

I wanted to get guidance on what will be a respectable way to approach this type of lead.

And with all due respect, I think you're being unnecessarily cautious by  worrying about stepping on the broker's toes.

Which I can respect.

I risk vacancy for a month or two, but this area should allow me to find new tenants fairly quickly if I stay in the 1100-1200/month rangeAny feedback and insights you can provide with respect to rent increase limits or how to handle this scenario are very much appreciated.

W/ respect to the rest of the market segments there's a reduction but there are still quite a few deals.  

I acknowledged them and respect them.

I don't know why any HOA would allow rentals if Investors are not prepared to respect the rights of home owners and their HOA.