(We did not receive any negative marks on the appraisal indicating any reason for a low appraisal.  

And even if you can do a loan like that you will be paying PMI and a higher payment which will further increase the negative cash flow on the property.If you can sell the property subject too the existing mortgage at or above the $145K mark with a sizable down payment, then I'd explore that option.  

I'm not necessarily attempting to "thread jack" here,interesting how this employee vs independent contractor issue really does tie into this and mark my words, this is something we're going to hear more and more about because as I mentioned earlier, once the IRS and/or the states find ANY field or area of business where there's a good amount of tax cheating going on, they start to whack it hard because it is easy money for them.

Originally posted by @Mark Pedroza:Well at least your away from airline flight paths (somewhat).

Mark,If you purchase the house what did you want to do with it? 

@Jake Kozul, Exactly what @Mark Perlberg said. 

I think if we ask the renter to mark the  money as gift when sending it then there is no charge to receive money in Paypal.

Do you guys find that the $50k purchase mark is about where the money is made?

Typically we bill the tenants for the cost of the service multiplied by a Mark Up.

That said, I do not feel it will get to the 1,000 mark.