If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.

If you can't do this, you can inflate the rent to include utility charges or just do flat-rate billing. 

I ended up chatting with a few property managers and paid a flat $700 fee for them to make the problem go away.

The greater metro area’s median price was flat over the same period with a ~1% change to $459,450.

Any town near you look for a flat topped church or old elementary school for sale.  

I usually ask for a flat amount.

Most lenders do not like to lend to out of state clients using construction loans, some local lenders we work with will work with out of state clients if they know we are attached to the deal, because they do not want their client going belly up.Your 130K is going to get you into an F market. 

I had a couple of AirBnB that I stopped doing because all they wanted was to pay a flat rate regardless if it took me an hour or three hours. 

You could find an attorney or agent - recommend negotiating a flat fee with either of them as pretty standard docs.