Since I specialize in small parks, here's how I would make this deal work - Offer price would need to be significantly dropped to $130k with seller financing with very little down 10%, 3% interest rate, 30-year amortization, 10-year balloon. 

Offer an incentive, like smaller security deposit than expected or offer a two weeks free move-in special. 

That would be an excellent way to find a RE specialized tax professional. 

also, in your experience specially in BA when home prices go downhill, like around 2008, does rent goes down significantly too ?

Total Income/Month = $2420Minus the $575 once I move in but I will have a roommate who will pay 200 + half the electric so I would subtract $375 from $2420 =  $2045Expense Break down:PITI = $1447.62Tenants pay Electric,Cable, and Internet I pay water which at most is $180/mLawn = $50/mSnow = $100/mGarbage = $50/mElectricity for my room =$50/mTotal cost = 1877.62Income - Expenses = +$167.38/month plus I would live for freeI have an inspector going through the property tomorrow and am heavily considering having the plumbing checked out due to it being an older property and would love advice on this. 

It’s quicker, easier, bigger profit %/margins, and far less competition.I’ve specialized in this niche for 20 years.

Hi,So currently a cable company operative stopped by my friend's house to route the network cable for the Internet modem into the master bedroom.

@Brent Wooster your best option is to find an independent insurance agency that specializes in rental/rehab property insurance.

There are special cases.

Every firm is going to have a specialization.