Not many homes come up for sale in this area (found 4 good comps, 1.5 mile radius, 3 sold in august '15, 1 in december '14) and 0 foreclosures in the past 4 years (is scarcity a reason to justify higher price?)

The only way you can justify making an investment in an environment like this is if you believe you can rapidly increase rents/NOI, or if for some reason you believe that cap rates will decline still further.The market is essentially going all-in on rent and NOI growth in the next 12-18 months.

I could've put any amount to justify paying any monthly rental cost.

We originally justified it because of the cash advance, but moving forward I don't know if we should structure it that way.

I didn't mind managing it when I first got it , as I had more free time, but things have been getting busy for me in my personal life, and I can now justify paying the 10% to have someone else do the day to day managing of the property.  

All the good software for Property Management will cost way to much to justify what you are doing currently. 

Going for DMM just doesn't justifies it.Now, Proof!

Hard to justify to the person who doesn't leave their window open and the heat on, so make sure it's spelled out very clearly. 

My wife and I were wondering if we are at the point where a CPA or Enrolled Agent would be justified.

I say "Columbus aside," because it appears there is real growth there to justify meaningful investment.