@Harold Isaacs I look usually just at: http://www.zillow.comYou can find there many statistics for neighborhoods, cities and states.

If they have this notion, I wonder if they then view me or my company in a negative way since the yellow letter is so rudimentary.  

Control can come in several variations, but I definitely wouldn't recommend putting it back with the tenants, it could have negative implications.Water is fairly easy to set up tenant billing for because it can be metered.  

I really appreciate all the comments, whether negative, critical, positive or indifferent I am grateful that there is such an insightful group here on BP.I've gathered some great info from this thread and am positive I can put together some numbers that make sense for both of us to knock this deal down.Thanks again!

I would probably break even or have a slight negative cashflow. 3.Pull HELOC of $75k, keep old house as rental, and buy new house to liveFor HELOC, pulling $75k @ 4.75% for 20 years is $485.

Not usually the recipe for the greatest appreciation over time.I'm not trying to be negative.

Most relying primarily on appreciation actually operate with negative cash flow as again they already have more money than needed and are simply playing at investing.The question for investors is how many zero or negative cash flow properties can you afford to own as opposed to owning positive cash flow.

I would probably break even or have a slight negative cashflow. 3.

So many negative landlord -tenant posts and stories.I understand...

There are others that may argue that because they are lucky to not have the negative aspects of being a landlord which is an exhaustive list.