Cozy is the preferred method of rent collection, but this tenant refuses to set it up due to a fear of a past identity theft issue. 

Claiming you need to hide your identity and location is suspicious. 

Identical duplex on the same street (just few blocks down the road from mine) went pending nearly $70,000 higher than what I'm paying.

Recent capex: Both HVAC 5 years old, water heaters 4 years oldUnit one: 964 sq ft, vacant, market rent $1500 (I saw an identical house down the street with a "for rent" sign at $1575)Unit two: 964 sq ft, rented, $1250Property taxes: $5,500 / yrThe seller seems antsy to sell (the owner is a realtor and apparently emailed our realtor twice yesterday asking if we're interested), so I'm targeting $400K, with 20% down.The current owner provided these numbers:Annual operating expenses: $6,000Annual utilities: $4,000Annual insurance: $600When I use DealCheck, sometimes it has positive cashflow and sometimes it doesn't, depending on what I put for vacancy, capex, maintenance, etc.

@Joshua BiondiBuying from a relative or someone a business relationship with FHA falls under "identity of interest."

All were nearly identical square footage and similar in condition (fair/required minimal-moderate rehab). 

I just found out that an almost identical house (spec home) in my neighborhood was renting for less than my mortgage payment!

The only 4 family house within a 10 block radius is my neighbor who has an identical build as mine.

yes - the new rule of 90 days came into effect with HVCC - time adjustments have been dropped in favor of homes that are not actually comps - foreclosure that is next door to your totally renovated home that sold in 2 months is now better then the identiacal home with identical work 6 months ago.Now maybe it isn't exactally that but you get the point.

Most of the listing recommendations on where to list have been brought up by my partner and I.We initiated priced it according to a identical comp which sold on the same street directly across.