It's a contender for me.In all my recent searches I'm impressed with the amount of A.I. or higher level of intelligence is built into systems now. 

I live, work, and own 2 rental homes in a small town in south central Missouri.

For example, a property built into the side of a hill where the lower level is significantly out of ground, the interior finish is equal throughout the house, and the flow and function of the layout is accepted by the local market, may require the gross living area to include both levels.

I highly recomend you check out the Knox REIA group here in town.

The house was built in 1920 but has had a few renovations since.My question is that do you feel I am rushing in to this? 

There is no right or wrong amount, and if you have built trust with them in the beginning, the amount of earnest money won’t make or break your deal.

Louis might cost the same as a 10-12 MF apartment complex in a rural IL town, and the monthly rent isn’t quite as much.

One small town I rent in charges income tax on my net income from that town.

He’s currently receiving $750 each unit w/ utilities included (rents vary from $850-1000 w/ utilities based on location in town).

would you guys agree that cap rate in League City, Katy, Pearland, and Texas City is still 4.75-7.5%?