The median price is well-under the national average around $285,000 for a single family home, however there are great cash flowing assets even closer to $100K (or below!).  

It was an (annoying) paid ad popup left corner in a YouTube video I was watching, and I was about to shut it down, because it is what it is, a paid ad = they expect to sell a product, and they advertised it.

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

Quote from @Mike Grudzien: Jonathan,Hands down, this is the "bible":https://store.biggerpockets.com/products/lend-to-liveDon't leave home without it! 

As we progress thru the real estate game, the most valuable asset we have is time.

Section 179 allows immediate expensing of assets, but the deduction is limited to your taxable business income.If your net business income (before the deduction) is only $16,962, then that’s the max you can claim in the current year—the rest carries forward to future years.The $18,308 total includes both this year’s deduction and carryover depreciation from last year’s furniture.Why This Matters for You:Your lender wants to see $19K on Line 13 as an add-back for cash flow purposes.Your CPA can’t legally put the full $19K if your business income limits the deduction.However, reclassifying some expenses (like moving office expenses into capital assets) could increase your taxable business income, allowing more Section 179 deduction this year.Discuss with your CPA about reclassifying expenses (e.g., reducing "office expenses") to allow more Section 179 depreciation.

Have your broker or banker pull and send you rent comps / market concessions / etc. from like kind / vintage / size properties in the immediate neighborhood surrounding your asset in Baton Rouge, and then make a value judgement on whether you have room to push.

My advice would be to evaluate your exit strategy to see how the asset will perform if you were to move.

Tenants can split up the deposit in installments (this is not a surety bond or insurance product).

It could be that the demand just isn't there and now he's trying to offload an asset that he doesn't want to deal with.