If the tenants question, the back yard is not normal wear and tear (a few bare patches, yes; a destroyed lawn definitely not) and the house was not cleaned. 

We were just breaking even barely and one year at a time, the rental market went up and up and up and now it is giving us great cash flow. 

I've only asked for a last month as well a couple times with brand new or higher risk barely made it applicants. 

I can't escape the feeling that the smart money is selling the duds to the dumber money, and I'm not eager to be part of the latter.I'm not at all enthusiastic about paying retail prices today, only because, despite rents being up and rates being low, prices are still getting bid up to barely-tenable or (IMO) unrealistic and unsustainable levels.I'm not willing to call a "crash" though since it's also true that "you'd be amazed how long people can sustain the unsustainable".So I'm personally willing to buy but am pricing in lower rents, at least 25% below current "market" rents.

You are buying from someone that barely keeps the toilets and sinks unclogged and maybe repairs an appliance or fixes roof leak, once in a while, when it gets real bad. 

I dont have any extra deposit or fee, but I push my rents to the absolute highest the market will bare.

Throw in an unexpected water heater replacement or a minor maintenance issue and you could find yourself barely breaking even in this property thousands of miles away from you.Unless you have a great reason to keep the property why not sell it?

I am not a professional investor just someone who loves the idea of owning bare land.

We get bad appraisers too, had an appraiser compare 3 purpose built town homes with a big house that was converted into 3 crappy units; their reasoning was all town homes were on the same deed and we lost $80,000 in value and barely received anything back on the refi. 

I have not looked at the property yet or have had it inspected so bare with me.