I'll be honest, I haven't read all the posts so maybe this is duplicative.I have zero interest in becoming licensed because it adds absolutely nothing to my particular business.  

I do not know about the specific area mentioned here other than the news stories.What I do know from talking with lots of investors is that the cold and rust belt states except for urban core in a lot of instances are dying off.I see many retail centers going dark, home values falling, older generations are migrating away to warmer climate states.I am sure there are some absolute gem areas in the colder climate states with pockets to invest in.

@Doug Mcleod is absolutely correct. 

It's absolutely free.

While I am working on my business degree becoming an agent is absolutely priceless and the knowledge I have gained in huge!

Now I have absolutely no clue why, but when that happens sometimes the agents lower the price on the MLS and sometimes they don't.

@Sean Brooks I win either way, you are absolutely correct.I'll let you all know how this progresses!

@Brett B. absolutely agree about the ease of becoming a licensed Realtor.  

@Robert Piller absolutely man ... on to the next!

Quick financial summary below for context: Listing Cost $567,500 25% Down Payment $141,875 Home Improvement $100,000 30 year Mortgage Loan Amount $525,625 APR 4.5% Life of Loan (years) 30 Number of Payments a year 12 Total Number of Payments 360 Payment each Period $2,663 Sum of Payments $958,775 Interest Cost $433,150 Monthly Rent: $4800 currently, Goal is $7200, Expenses: $2400 a month (50% Rule)Issue 1-Potential Bad TenantsOne of the units was absolutely trashed with mouse traps and obvious apathetic tenantsOne of the units looks to be a party house for recent college gradsDo we have any leverage to get these tenants out, both expediting our much needed renovations and getting us higher cash flow from the higher rents.Issue 2- Wooden Box Gutter Rot, Missing Mortar in brickWe're getting estimate on this but it seems to be an expensive fix.Issue 3- Old AC Units/Water HeatersIssue 4- Leaks around windows to interiorprobably ties back to the mortar issues in the brickDo any investors have experience in seeing major issues like this after the initial offer was accepted.