Often times the rent will cover or exceed your mortgage costs.

The pre-moveout inspection is an opportunity for the landlord to list any items (beyond normal wear and tear, ie holes in the wall, stained carpeting, broken blinds, missing or cracked switch plate covers, etc.) that must be repaired or cleaned prior to move out.

(rent income covers expenses, mortgage, and more)My experiences: How many properties and how long have you had them?

Providing pictures below.

@Anthony JankeFinding something that would reduce what you are paying in rent would be an improvement but I would encourage you to try to find something that would at least cover your expenses. 

I understand ARV all depends on what I accomplish in the rehab and what needs to be done to the house, although I have yet to look at the house with my own eyes this is just what can be said from pictures on several different listing sites.

Account Closed Why would you do a subject to deal if you could cover the risk?

So, cover yourself by letting them know your intention. 

So the rent market rent came higher at $1550 but she paid $1450, they ended up tossing the Rent to Purchase agreement giving seller concession to cover to cover closing costs and had seller to move tax proration on the seller credit column as that is the only credit that can be applied towards Downpayment as part of the MRI, so the borrower ended up bringing her own funds for most of the downpayment.

However, if you read them and if it covers your main concerns, it should be fine.