Tenant drama is painful and eviction is costly in money and management time,  wherever you are based.

I've been messing around with getting averages of rents in different areas then dividing by 1.3%-1.6%(The rule of 2 seemed pretty harsh) and using the resultant number to estimate a worthy price.

It's a pretty complicated deal with a lot of drama.

The main reward for all this drama is that you can pick up properties at a discount, thus having better equity position and in theory making higher returns (lower purchase price equals lower mortgage equal higher returns in many cases).

I also want to do the 3 month inspections as well due to the harsh Montana winters to ensure there are no leaks, etc. 

Too much drama for me.

Some of the responses are harsh, but they are eye opening.

And another is that things that seem like simple business arrangements (to you) can become drama minefields (to your tenants).

Kris,  not to be harsh but sounds like you didn't follow the systems experienced landlords develop to reduce their risk.The walkthrough checklist and pictures before move in and after (for any damaged items), collecting keys, and addressing any damage with the tenant on move out day is Standard Operating Procedure.  

We all receive the needy and annoying requests, updates and drama.