This isn't bad compared to a lot of schools, but was still more than we wanted to pay. 

The same is true for the economy, we are growing but compared to similar cities we are falling behind (if you don’t read the Chung Report, I’d start subscribing to it).   

If you buy index funds you will get similar returns compared to a cheap college home. 

To compare the market rents against other similar properties, I could look at a map and find similar size apartment buildings in the area, and contact them to find the price range and configuration of their units to compare against... perhaps contact local property managers who might manage properties like this to see what they can share...

The columns on the right are the comparable sales.

Also, I’m able to find comparable jobs as a manager very easily.

Viewing and touching, and comparing various offers before placing offers is what I've been trying to do, while I prepare and save money to purchase my first duplex in the Spring!

There aren't a number of similar properties with which to compare value, which you need for conventional financing.If you buy this one, it is guaranteed that you will learn a lot about real estate investing.  

And you will be adding chemicals to the well and doing the testing to run it and fill out the paperwork that the state requires.

Selling is an option, but since I prefer buy hold over flip, I’d like to compare selling to equity tapping.