I suspect you 500 of cashflow you point out does not include cap ex vacancy and other mishaps contingency.

I suspect the strongest motivator is if they have gotten notice that a tax foreclosure has actually started. 

I have the same job as you and suspect that you should spend you time at your job and just buy rentals that cashflow out of state for cashflow.

This one is the best I've seen and I suspect it will be gone by COB tomorrow. 

I suspect it could only be reduced by the penalty, but the county may not care.

There has been interest but no applications, as it appears to be overpriced by around $100 (I suspect with the strategy of starting asking rents high, and then coming down as required).

My tenants are asking for a 4-month lease extension but I suspect they are filing for bankruptcy since they have a bankruptcy lawyer contacting me asking for the lease extension. 

The best business solution is to have them sell and pay you off but suspect that that is not something you or they want to do. 

Andrew Johnson Very good points, my cap rates that I price on have been very similar units often times on the same street that have sold recently.Russell Brazil I also suspect many of these properties are being priced on a residential per unit basis.

I suspect the reason you are unsure if your property would rent is that you are overwhelmed with analyzing some many different properties in several markets and shifting back and forth from one asset class to the other.Hope this helps, Eric.