@William HustonSo you’ll barley get the 1% rule if the all the numbers are accurate .seems like your typical marginal deal .

Typically they only want long term tenants, 7 months and longer, they may want a background check to make sure they weren't drug dealers in the past. 

PITI on a 30 yr fixed load will be around $330.Follow up question: what would a typical hard money/ private money loan on deal like this look like in our area?

Further, the title company cannot typically require proof of funds beyond what the contract of sale allows.

Typically, you can do a "rate & term" refinance at any time.

@Dawan Scott That is typically the primary issue with working with funds in my experience.

I typically use 10% for cap-ex/ reserves. 

I used to manage the office for a tree care company and we fell under that same umbrella.I would also talk to the tenants and find out what their typical schedule is and, to an extent, work out a reasonable schedule. 

Last I heard, they were second highest in the country, with Miami being #1.If you have a loan on your property, your lender will typically require you to carry "Named Storm Coverage" (NSC) insurance. 

,Zillow is typically wrong, it is a tool that doesn't take in to account many of the variables, I would put little weight into it.