Price is often not the main or the only concern for the seller, they have other needs.

My only concern is searching for the rent to value "1% rule". 

Insurance cost for weather-related disasters is growing to a major concern in many of the southern markets.

My concern us that the contracting company is owned by the property manager. 

By no means am I suggesting the funds should not be held correctly but there are other areas a landlord should focus their attention if they are concerned about tenant related liability. 

I am concerned that your investment outlook isin't patient enough.

But my biggest concern is that such a large expense for such a short time would not add as much value as what I'm looking for.

I think governments have a role to play in trying to tackle affordable housing concerns, but even I think the reclassification bill will crush the little guy, or at a minimum needs revising.

This is a touchy subject.If you observed specific concerning behaviors during interactions, such as rudeness, aggression, or disrespect for property, these could potentially be valid reasons for rejection if documented properly.You should add one very important things to do on your checklist, past landlord references and it must be legit and find out why they aren't there any longer.

As the tax code is concerned all of the costs to create your rental property business (buying it and making it usable for it's intended use) and one in the same.