We REALLY like the home and its location.We rent the house out with negative cashflow (about $200 which is very minimal impact to us).

Any indications of occupied property? 

There is enough uncertainty as it is in this business so you want to minimize variable expenses, so that most of your expenses are fixed.It is always easier to bring in an additional dollar of income than it is to reduce a dollar of expenses, so when improving NOI look at the income side first. 

If what you're saying is true, then as long as you know there is enough interest in the area to have it constantly rented out and there are no monumental problems with the property then it seems like a pretty good deal.My only concern is if this is an on market property then those numbers seem high that would indicate it either needs work or is in a bad neighborhood.

Pretty sure it’s a C.Well I had been leaning towards TK pretty heavily because I’m new and wanted to minimize the risks I would face.

This property is located outside city limits (so in the county) very minimal zoning and restrictions (if any).

I recently was forced to move out of a unit due to the owner wanting to reclaim that particular unit to “upgrade” it.Anyways, after all that I was still charged a couple of cleaning fees for the carpet/furniture in the bedroom which totaled to $80.I wanted to know if that is acceptable to do considering there are no damages apart from (minimal) normal wear and tear.

If you are not a slumlord and run an ethical business then that is an extremely minimal risk.1 LLC for each lane of business you are in.

It is currently on the market at $350,000 and we would realize around a $40K profit if we sell it at asking price with minimal negotiations.

When it became apparent that the screening ordinances were going to pass, the management company I run began to change our policies accordingly to test out the impact it would have and it was very minimal.