Property values and rents have increased, and despite high taxes, there is significant demand by investors. 

Assuming we break even once it sells, or make a little profit, we will be able to pay off all debts and have $60K-$90K back into savings to play with.

I am just really bothered by the fact that she had no respect for our agreement and is now demanding all of these repairs be done at my expense. 

That's probably how loud they will play their home stereo.

You should play around with a calculator!

sure you can back out you just lose your 2500 bidders fee and if the EM is non refundable in the contract you lose that as well.Auction . com is not a site you can play the wholesale assignment game very well at.you MUST close in the name of the entity you made the bid in.. you must have proof of funds in that companies name etc etc..

But the demand for these college rentals has gone crazy, and the value has gone up almost 23% in 12 months from my purchase price, and would make me double my money in a year.

The hot markets here mean a fair amount of effort is required to find good deals, but they also mean strong rental and buyer demand for high quality rentals or flips. 

Many scenarios play out across every asset class and in every market, requiring an investor to consider hedging against this uncertainty.

Be especially careful charging a tenant for the entire cost of carpet when the carpets are like 10 years oldPicture or pin holes in walls, as long as not excessivePainting the exterior of the homePressure washing unless there are oil stains from their autoRoutine maintenanceThere are many more circumstances that could and will come into play, but lets all work together to come to a resolution.