That will be a future option we look into with multiple properties and tenants but we can handle this one for now.

Here’s how to handle those:•Negotiate inspection costs into your deal—in some cases, sellers will cover them.

I'm not familiar with your market, but here are some thoughts:750 Sq ft is small for a 3/1.Interior looks like a flip but it seems like it has been owned by the sellers for a long time...so maybe not.They have been trying to sell this property for 6 months and have reduced price. 

With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit).

Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly

If your portfolio is large enough, 5% is better.Now, some people believe that this diversification reduces the chances for a large gain.  

Could seller finance (not recommended) to reduce initial burden and spread it out over time

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

This would reduce your concentration without having to worry about doing a 1031 (or multiple) transactions given the value.

This level of scrutiny drastically reduces the risk of renting to unreliable tenants.Realtors vs.