You could also direct mail and see if any of your prospects are interested in owner financing.

As for the Searcy market - my 2 cents is that it is a good area for cash flow properties but appreciation prospects are bad.

Sometimes the prospect of losing a paying tenant will motivate them to offer you alternative solutions.If you still get a no, look at moving the home to a private piece of land and seller financing or renting it out there.  

This business is a lot easier on your peace of mind if you have a few thousand in the bank when you are on your 2nd month of a vacancy with no good prospects applying. 

I don't think either of these tenant prospects are very appealing.

Set up a showing on your off day and have several investors and any prospective buyers to meet you there from x time - y time.

You need to set up your follow up plans for different types of prospects.  

We give what we think is prudent and REAL world advice but that will not deter folks for thinking they can  ( build a team )  make these extremely challenging rental areas actually perform.. were does one think the inventory comes from in the first place..

When I did my due diligence I noticed a few things that stood out. 1) as @Ned Carey mentioned some of the expenses were very low and with a building that old, expenses are usually a lot higher.  2) with a more realistic projection of expenses you will see that the ROI and COC is not worth the effort. 3) the layout of the building is not the most appealing which in turn makes it less appealing to prospective tenants. 

I know Click2Mail does this, but they seem a little high.Single Letter = When you have a Prospect you connected with and you want to have the Mailing Service, send a specific letter (template style) to them, after you send the Mail Service the needed recipients name and address.