Here's the deal.rental property is about 45k, currently rented 700 a month. We think we can get it to 900 in 2 years. Recently remodeled, new roof. But low income area so very hard to get a good PM to take on the PITA...

Apparently that is what similiar homes sold for in the area and if there is a mortgage involved that is what the lender is going to base their mortgage on.This is not an unusual occurance the seller may or not know what their house is worth and a third party has put a value on it.Time develop your horse trading skills.

Starting out its not unusually for it to take 6 months before your bring in your first commission.

It would be very unusual for a owner occupant to have "their title company".  

A tenant of mine has an out-of-town “friend” that regularly visits him. Earlier this week, they (tenant and friend) told me that her parents would be in the area for a few days. They then asked if it would be ok for t...

Those numbers are unusual high compare to New York City where I am familiar with.Now at same time the medias says Houston Texas are one of the hottest market right now to invest.How they are both so contradictory ?

It will help warm the place up, add some life and not point out anyting unusual for those Buyers who notice the little details like me 😁The entryway looks like your typical 70s brick that's just been painted and needs something like partial cedar, wood type material boost that would match some of the other colors inside the house.the front door with the mailbox slot doesn't work for me at all.

One of the other more unusual things was the financing.

All,I am in an unusual situation that I haven't experienced before and could use some guidance.  

If you are a newbie, you will not believe the conditions tenants will tolerate rather than getting prompt, proper, repairs done.I just re-rented a luxury home where the prior tenant never complained during a five year tenancy about anything, and due to very unusual circumstances a thorough interim inspection was never done:Range hood inopClothes dryer inopGarbage disposal inop5 of 7 exterior area lights inop; two interior circuits inop1 of 6 toilets inop3 of 5 air conditioners inoppool sweep inop5 sets exterior french door handsets so pitted you cut your hand opening the doorsrodent infestation in atticAll this in addition to nearly a complete repaint, stripping and resealing floors that had improper products applied, replacing 4 rooms of carpet, and minor miscellaneous items.Believe me, I would have MUCH preferred to make these repairs as they occurred, paying out of the cash flow, rather than having the owner fork over nearly 20K to make it rent ready again!