Given the age of the house, your rafters are probably 2x4s (they'd be the old school actual full size 2x4's, but still too skinny), so you would likely need to add some furring thickness to get up to code R-values. 

-------Forget Zestimates:Well, let's go to rooms, square footage, lot sizes for these same five single-family homes:1. 3 bed/1.5 bath, 2 car detached garage, 1690ft2, lot - 5940 ft2.2. 5 bed/1.5 bath, no garage, 1951 ft2, lot - 2970 ft2.3.

We do not currently have the funds to absorb a failure of the heating system, but there's enough income to budget 10k annually for capex and still hit a 10% cap rate, so it's something we could remedy within the first year or two.I reached out to a business contact and asked if he would secure contingency funds in exchange for a percent of AFFO (basically, we'd pay him a portion of the income in exchange for the right to use him as a private lender in the event that one of the systems failed before we replaced it).

On the other hand, some small firms may be less responsive if they have a heavy workload.Really, you cannot answer this question based on the size of the firm, or even based on the practice area. 

Same size as yours and couldn't rent for $695 a month less? 

A mid-size pharmaceutical company is moving out of state and needs to sell their headquarters.

They are a much larger bank and has the size to handle an out of state lender bettef

In an economy where white collar workers are moving to remote positions this doesn't bode well for that reason, and if you aren't tied geographically to your employer, why move somewhere where a 2200 sq foot house is $1 million when you can get a house that size for 350K in other areas without the congestion? 

@Diane Stinebaugh - I dont think its one size fits all type of an answer because imo it dependsA few things to take into consideration would be -- age of the house and how much deferred maintenace it has- Is it A/B/C or lower class type of an asset- Geographical location and possibility of natural disasters like hurricanes, tornadoes, hailstorms, earthquakes etc.

Combined that with segregation, red lining, and lower home ownership (read above average # of renters compared to similar sized cities) among the majority demographic will leave an outsider investor who doesn't know Memphis searching for cash flow gold and losing the equity battle.