That last part is important because as you've found, the market may have plenty of opportunity but you're priced out of it as a new investor with limited capital. 

The best part is that everyone here is excited to help you learn and grow into real estate investing.

And the worst part is that I had no saying on the matter.

In the event either Seller or Buyer elects to terminate the245 Contract due to an environmental defect as provided herein, the non-terminating Party shall246 be obligated to sign the document terminating this Contract, and the Earnest Money shall be247 refunded to Buyer.

This must be completed by an unrelated third-party licensed professional.

So far we have had lots of interest in the property and have shown it to 6 parties.

Do you program all the fobs yourself or a third party does it?

Meaning no agreements that are not disclosed to the lender should take place all parties are required to sign Means no rent backs or cash under the table.

@Brandon J Schmidt so I'd just pitch it too your wife as it a 2.5-3% raise being the most fair for all parties.

If I rented an entire house there is going to be a loud drunken party, and nobody cares what happens.Regular tenants, on the other hand, have to live in fear of eviction, and have a bigger deposit.