To give a few more details, my employer provides a generous match to my 401k so I plan to contribute the full matchable amount there.

The financing contingency is in case your financing falls through (job loss, etc.) you can cancel the contract and get your earnest money deposit back.

-Tenants staying there since (24 months, 14 months, 6 months, 6 months)-Leases are going to expire in (24 months, 6 months, 6 months, 6 months)-Security deposit (295, 295, 295, 125)Bad- Year of construction: 1981Ugly (This fee is supposed to be a deal killer but I think the risk is worth taking - I am seeking your expert opinion on this subject).- Monthly Maintenance Fee of 760$ - Seller is claiming that this fee cover pretty much everything except inside the property… the insurance on thru HOA is enough for most banks… also cable/trash/grounds/day-night security…I prepared 2 Reports using Bigger Pocket’s Rental property calculator a) With 100% mortgage b) With 75% mortgage.During the preparation of these Reports, I considered the potential future expenses by having the following assumptions.

I do handle all the finance myself, though, (i.e. depositing rent, bookkeeping, preparing leases/contracts, etc.).

It is already a low bid, so present it as your "highest and best" offer and include as large ($10K-$25K or more) an EM check deposit as you can possibly swing.  

Putting large down deposits, repositioning, vrbo and forced appreciation are more ways to survive.

The rest is going to be deposited into a joint bank account to invest in our next property after a year of saving.

Who is holding the deposit money?

I said that maybe it wouldn't be a good match, but then he said he tried to pay investors 30% for a 5-6 mo. loan. 

I got a two year lease commitment at $1400 plus first months rent plus security deposits paid to me before I even bought the house.