I'll give it a try and keep an eye on it.

I've got five to six months to look and keep my fingers crossed but I'll definitely keep an eye out for rentals.

I didn't buy it as a BRRRR tho, just a buy and hold for cash flow, but we are putting some money into it for better eye appeal.Dave

Unless you are in a war zone and this is the cream of crop for selection then it really doesn't make sense.No legal advice given.  

Part of that was due to me being out of town for 7 months and my wife not wanting to make a major decision on our first deal without any input from me or a second set of eyes, but we haven’t gotten back on track since I’ve been back.

His eyes were so big, I almost laughed. 

When negotiating price and terms this has almost always given me a surprising and eye-opening strategic advantage.  

Great to hear you're jumping right into this, sounds like you are building from a position of strength with a good eye towards the long-term.Curious how you did the renovations, do you have contacts among contractors that you used or did you just put out a general RFP and pick one that you felt was reputable?

If the latter has higher appreciation rates (or depreciation in a bad market) does the fact that the appriciation is capped (though it may still seem good if you bought the property for 80% LTV and sold it rent to own at 105% or more) present a problem in your eyes?

This is great advice, we have set our eyes on some other markets now and are now more focused on finding a good deal in an OK market as to one that's super competitive.Also, thank you @AnnBellamy your knowledge has been greatly appreciated as well!