I was shocked!!

Currently it is a very advantageous time to sell most types of homes and it seems like a “miss” to not increase the rents AND miss this potential opportunity to sell.I would look to increase the rent at least 10% for the next term (probably not more than that because the sticker shock will be jolting).  

(For example, I don't know your market, but I'd be shocked if it only costs $960/year to insure a $600K property.)That said, I applaud you for developing your deal analysis skills; keep it up and you'll gain the rare and priceless ability to construct high-quality deals!

On a preliminary and very basic case, all of this says this could be a potential for a decent deal given the numbers work out.The question I have is in regard to reaching out to the property management company.

You would be shocked at how 0.15 miles changes values over here.Suburbs Cons -Not as heavy as an appreciation.

I am shocked at how low home prices here are and what people are not willing to pay for them.

I was sort of in shock but I’m glad I held out and was stubborn.

A letter of intent is a preliminary agreement that roughly outlines the fundamental terms and elements for the final agreement, but it’s not a legally-binding contract to purchase the property.

I was shocked and inspired.

This is evidenced by the Preliminary Title Commitment provided by the title company.