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Last August a decent pre-foreclosure opportunity came available on the MLS and my agent took us to see the home and submitted two offers below asking that were too low for the seller at the time.Apparently the seller was able to avoid foreclosure and the home delisted after it didn’t sale.

With a purchase price of $250k, your rent is WAY too low!

Or you can offer a low enough price to make sense.

Generally I'm a fan of hold until you die but in this case you are earning low cash flow on a large amount of equity.

This is the goal because the client wants the majority of the premiums being paid to go to cash value and compound interest over time and NOT go towards the cost of insurance-hence the low DB amount that starts the policy. 

From our experience with clients, you’d typically expect to pay around $1,000–$1,500 for a single-property return, depending on your situation.If that $6K includes monthly bookkeeping and accounting, it could be reasonable; it could also be low, or high... it all really depends on the number of transactions, bank/credit card accounts, and the complexity of your finances.

Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.

It's good to see it through each season then you;ll have a better idea of what to expect. 

However, as a seasoned landlord, I would not ever dare to ask "how much more damage could they do?".