@Kourtne Stancil Sometimes the curb appeal can be difficult to achieve in the older and lower income areas.

Is that cost so high because it includes significant structural (such as moving posts) or repairing foundations or lowering slabs?

In your description of the deal, I didn't see what repairs you plan to make or your estimated budget and timeframe.

Then the appraisal came back way lower than expected. 

The good news is that if you get the roof done correctly with the extra nail, your insurance will likely be significantly lower.

Is your realtor the one making the calls on initial list price, lowering the price and now possibly raising the price by $750k?

The lower quality communities will often/usually allow renters as they have very low standards.

I'm wondering how significant this is overall regarding resale, and whether I should adjust the MAO to be lower than 70% to accommodate the location--or expect a lower ROI at sale.

The owner thinking they are saving money is likely losing money as they get a lower quality tenant and all the issues that go with them.Sorry for rant, it's early on a Saturday and I need more coffee!!!

He was at Lower Richland for years.