Louisville seems to be becoming saturated with "luxury" apartments, so my guess is that the <$1000 rents are a solid bet. 

Rents on the low end are $150 a month uncovered.

5) If the seller wants to rent another year or so after current lease is up, do I apply another nonrefundable deposit.

Buying SFH to rent can be challenging.

The landlord should ensure that all tenants know what is expected of them, whether it is when the rent is due, rules they must abide by to keep the property in a safe and sanitary condition, respecting fellow tenants, or generally just being a good neighbor.I believe that the City has its proverbial head in the sand on this.

You househack in one unit, stay there a year, rent it out, and move on to the next property.https://nj211.org/resource-search/program/63456651

I purchased my primary residence in Carolina Beach in 2009 and rented back to the sellers for the first year.

@Basit Siddiqi: Is a property that was bought with the intent to be an AirBNB and rehabbed to be an STR (AirBNB), was listed at AirBNB as such, but over the months not actually rented out, still considered a rental?

If they tell you property "A" can rent for $2500, then they are the ones who have to put their money where their mouth is.

They have no idea where the property is, how much rent it’s bringing in, or what it’s worth.