It is much cheaper in our experience.

Not very desirable although price inflated because of large population demand.Palm Bay or Vero Beach/Sebastian would be a little cheaper, but you get what you pay for.   

I'm thinking about throwing in a third option of a basic postcard which is much cheaper at around $0.34 per mailer.  

Also, I found a cheaper insurance for only $50 a month and the does put me into a small but positive cash flow.

The banker you found and your ability to buy prices cheaper than the cost of the dirt they are sitting on seem to be your competitive advantage. 

It may seem more expensive however  you will spend more using more coats of cheaper paint.A light pink covered a blue and purple polkadot wall in one coat.

Granite and/or quartz is the most appealing but if you are in a C area you might want to go towards a cheaper option.

@Joshua Fu The challenge with apartments in NYC is that co-ops are way cheaper than condos, but a condo is really the only form of apartment that is good for long term investment purposes.

It maybe $40-$50 cheaper per month (assuming he wants to be paid something) but it will blur the lines of our relationship of tenant and landlord. 

There might be cheaper alternatives.