I think the quarter round is going to give you an overall better finished look compared to just having the plank meet the tub and have a bead of silicone.

For cash flow.Dallas and Jacksonville have cash flow, but they are on the low side compared to other markets.

The price of the condo is market price, there is little to no room for bidding lower as other comparable units are selling for higher.

Compare your property to similar, nearby rental properties to see if it's typical to include these appliances.

This past year there has been no issues renting the property, but the old windows definitely seem out of place compared to the rest of the house. 

At least a contractor, and property manager if you're using one, the lender is also very importantIf using hard money be very careful, and I recommend finding a traditional lender to refinance you out of the property in the future and make sure they are on board with what you are doing before you make an offer.

Personally, I wouldn't own a rental that is negative cash flow, but you need to compare your performance with what a multifamily property can do as well. 

I would like to purchase property here to earn rental income.I went through couple of location and found that rental is very low compare to buying price.E.g.

Prince George's has a slew of challenges compared to Montgomery County and Alexandria and Arlington County near by.

Partnering is a great way to get started if you don't have a lot of cash or can't get traditional financing.