If there was ANOTHER reason to do it, then that would be worth examining.  

Make sure you keep track of your stats.

Overall you need to do some homework and examine what gives you the best exit strategies and go with it.If you need any help with insuring that property please let me know.

How can I examine my local market to calculate what cap% and/or cash flow that buyers in this area are ok with.

I can see on the BP Stats Page that the top 10 posters, with the 10 threshold being 13,410 by @Ned Carey. 

I don't have any real stats but anecdotally, house tenants tend to stay put for a very long time. 

Here are the stats:-Recently appraised for $330,000 -Rents are $2550 total-Tenant pays utilities except water and sewer Perhaps $200 for both a month-Seller has a retaining wall issue he claims to have a bid from a contractor for-$8800-it was a flip that didn’t go as well-looking to get rid of it and pay off $200,000 in loan debt, and $50,000 in CC debt.

According to the latest stats from the austin board of realtors, for the month of June home sales decreased in the city by 2.3% while median house prices soared by 10.9%.

There seem to be a lot of fees on this $48,750, and I dont know which ones I can negotiate or whether any of them sound bogus:Total Loan Costs ($4077):% of Loan Amount (Points)Admin Fee: 150Loan Origination Fee: 700Processing Fee 575Underwriting Fee $795Appraisal Fee $550Credit Report $50Electronic Income Check fee: $20Flood Certification: $12Mortgage Elec Reg Sys Fee: $12Tax Service Fee: $90Title - Attorney Fees: 795Title - Closing Protection Letter Fee $45Title - Lender's Title Insurance $133Title - Title Examination Fee $150Other Costs ($2236): Recording Fees and Other Taxes: $90Transfer Taxes: $213Prepaids: $661 (Homeowners Insurance (1 year) and Prepaid Interest)Initial Escrow Payment at Closing: $800 (Homeowners Insurance per month for 2 months) + Property Taxes $100 per month for 7 monthsOwner's Title Insurance: $472

So the time has come and I scheduled my real estate agent exam for the end of August. I’ve heard how difficult it is and that a lot of pros have failed it. I study the vocabulary terms daily and got the wisconsin real...