We hired a management company, to help us with this, since we have no experience and we live in another state.

As of this moment.

This will clarify and reinforce what you are reading.

How can I justify this purchase if the rents are this low?"

I have one major question for this.

I do not invest in REITSPassive Investing - I do lots of this. 

However, I am willing to let this tenant go as this appears to be a nuisance.

I'm moderately experienced in subject-to (had approx 6 over last 9 years), but this will be my first time as a seller with the underlying loans in my name and more of the risk on my credit.

Would definitely suggest tapping into some groups that can offer you guidance and resources as you start this business.

Would love to help out in Columbus.