After recent significant increases in property taxes, homeowners insurance, utility costs, supply costs, maintenance costs, and construction costs the margins are thinner to a significant degree.

I knew about the 144K and 32K mortgages - not sure how they ballooned to 300K.

I'm needing to take over management of my rental, and I'm wondering how those of you who manage remotely handle packages, for example, for supplies, equipment, etc. 

. - You not there is a GIANT supply glut of listed properties to this one, and then speak that your priced lowest, as if that's any kind of anything special.

This hurricane has obviously affected the available supply of available units.

Monthly payment comes to $917,  plus another $350 for taxes and insurance so ~$1280/month due to the seller.Using a private money lender to fund the deal, borrowing ~$130,000 @ 10% interest rate, interest only, principal + interest paid as a balloon after completion  or 12 months.House is a 3br/1ba 950sqft. near a university.

Balloon in 5 or 10 years?

This rate for me was 3.3% on a 5 year balloon with 20 or 25 year ams.

They bring all their own cleaning supplies and take my laundry offsite to wash themselves.  

This will supply a solid income stream.