But I am hustling for another buyer in the meantime.But my point is, I was able to reduce the offer price because we are direct to the seller.

If so, does the basis on my property stay this same or does it need to be reduced by a certain amount?

I offered suggestions for reducing expenses and saving money on her fixed income.  

Marcel B...It takes time, but you can increase it by paying timely and reducing balances owed.  

I have purchased properties that were county appraised at $70k, rehabbed them, then appealed the taxes based on my purchase price, repairs, and area comps to reduce their appraised value to $45k. 

So are you saying that I need more equity in my rentals to reduce my risk to the bank?

I have never seen a property that has exhausted all possible appreciation forcing opportunities so even if it seems stable it might still have some "meat on the bone" to improve income or reduce expenses (e.g 100% occupied property usually means there is some room to increase rents).Lastly, forcing appreciation might sounds like an awesome thing to do but it involves a lot of hard work, careful planning and being ready for the hiccups and surprises life throws at you. 

If you think you will be able to increase rents/reduce expenses it could make a lot of sense.A few bonus questions,- What's the condition of the main sewer line?

Va Loan funding fees can be rolled over based on lender guidelines, here is what I found from veterans united "The money received from the VA Funding Fee is used to offset the few loans that go into default, and further reduces the cost to taxpayers, ensuring the VA Home Loan program continues for future generations.

Sounds to me like you have a few options:1) Use your savings to pay off your student loans - that's an instant 6.5% return on your money.2) Make smaller principle payments to reduce debt. 3) Spend A LOT less money.