I am trying to rent my house for the first time and I hired a realtor to advertise and show my house and screen renters. A couple (with three children) would like to move in, but the wife stated that she would be the ...

The area is undergoing a renewal.

I have one investment property that is currently undergoing renovations.

This property is vacant, and was undergoing renovations at the time.  

He was also undergoing cancer treatments which were going to be canceled if he didn’t pay some of his bills by the end of the week.

I am in the process of purchasing a home, undergoing attorney review.

I have one there that is going gangbusters since last May, and am always looking for more. the area in general really bounced back and Chalet Village, hit real hard by fires, is undergoing tremendous rebuilding.

If it doesn't generate fat piles of excess cash you don't buy. 

This is taking place in Washington, DC which is a very powerful seller's market at present.A buyer who holds a contract to purchase an off-market property has allowed the contract to expire while the property was undergoing a court procedure to clear title.Informed early on that the contract had expired, the buyer declined to renew or extend the contract, but did direct the title company to retain the escrow payment ($5000).

If I did my calculations correctly, I am looking at a 3% cap rate and a big fat 0 cash on cash return.