If the answer's a no, then keep dialing back the price until you hit that sweet spot - ie. the amount you are comfortably able to afford. 

I wish I could build new construction and rent them out, but I'm in a market where the sweet spot for rent is around $1,000/mo so there's no way to make the numbers work on a new build. 

After playing around with the rental for about six months, we found the sweet spot and it now makes more than I could've imagined.

They should be mutual indemnification clauses.Here is typical language we propose and 90% of the time it is agreed upon, as it is short, sweet to the point and protects both parties: (note I am not an attorney and recommend you always have an attorney review any items in an agreement)Owner hereby agrees to indemnify and defend and hold Manager harmless from, and to defend Manager against, any and all claims, charges, debts, demands and lawsuits initiated against Manager in his capacity as Manager.

Short and sweet but highly effective💯!

It seems like a sweet deal for the tenant and the house is actually great in a B area.  

most go down to 680 but rates are much better above 700 with the sweet spot being around 740.

I will say 550-600 is what I would consider the sweet spot for what you're looking for.

It would have been a sweet $175k to $275k profit.

Then they started applying to other properties I have vacant right now...Oh the sweet joy of telling them "Those are mine too, and no house for you..."