If I were you, I'd focus on truth in advertising - if you say it's a 3-bedroom, you better have 3 rooms that the viewers will think are actual bedrooms.

Most the houses we buy as investors are "off market" deals and as the others said, we find those via marketing/advertising directly to homeowners.I like what @Matthew Forbes said >> Real wholesaling = Marketing

This property was a foreclosure (obviously) advertised on the MLS for 122K.

Think about how you advertised the unit and your rental criteria... are you thinking of bending your criteria for this applicant and not for others?

I also think advertising the price could be an issue.

Just don't know if we can actually advertise it. 

You can advertise no section 8 if the property will not meet their requirements or if you are going to rent the property much higher than section 8 will pay.

It attracted my attention because it was advertising a property in the area where I grew up (about 3 hours’ drive from my house).

Lindsey, I've found that when I advertised on craigslist for a "handy man" with their own tools that most responses would range from $25-50/hr.

The key is to develop an easy to manage system but its still a lot of work.I have only advertised on craigslist and VRBO.