The rent needs to be 1800-2000 to break it even ( including maintenance and PM). 

Owner shall not hold the Agentliable for any willful neglect, abuse or damage to the Premises by tenants or vandals or others nor for loss of or damage to anypersonal property of the Owner or any tenant including loss due to exchange or theft by tenants or any third party.

The other options include: -moving into the property for a year to qualify for loan products such as FHA or conventional.

If a hilltop home was a potential purchaser's goal these are some estimates we got for professional work:Getting power to the hilltop will cost about 50-60k according to the local power company. 66k for overhead lines, 52k for buried (not including trenching). $3600 for a septic permit & design about 50k for sitework (very long driveway), though foresters have noted the potential for NRCS funding for road improvement and invasive species management (i.e. clearing the 8-acre area which has blackberry bushes galore) which we are in the very early stages of looking into. 

You have to run your own numbers but compared to a 203k loan the NACA lower rate and no closing costs were a slam dunk even including the potential 25k.

Does your lease agreement include verbiage that holds them accountable for issues like that? 

Making a cash offer for a property sight unseen can be risky, Gather as much information as possible about the property, including its condition, age, size, layout, and any known issues.

Creative investment strategies to achieve high-yield cash flow include short-term, medium-term, rent-by-the-room, nursing/retirement homes, etc.

p=876Whenever I see a message that includes Medium Term Notes or MTNs .. a very large red flag flies.

Who will address tenant nonpayment issues, including evictions?