I believe this was Hemlane.As a renter, I like Appfolio since you can just do a monthly direct deposit without the delay of sending checks, etc. and it is super convenient.

I believe that water and sewer is generally picked up by the owner in the east side as well, but this may differ if you are investing in single family.   

Unfortunately, I believe it is to late amend the price at this point-isn’t it?  

Believe me, if I was just after "cash-flow" there are other places in Arkansas I would invest! 

The seller is asking 50k but I believe I can get the property moderately cheaper; however, whether I pay 40k or even 30k, its not going to change the mortgage payment much, thus not really changing the cash flow.

They can:Sell it- As I said, in today's market they often used Auction sites or the MLSCollect on the insurance- I believe they have 180 days to file a claim but I could be off on that. 

Please let me know your thoughts.Loan- $1,053Taxes - $293.5Ins - $120Trash - $81Water - $80Fees - $31.75$1659.25 cost per month.2 long term renters and I still believe the rent is low.These still seem to good. 

I can’t believe some people would accept renters without any sort of application or background check.

These are confirmed by a VA appraiser though - some are more strict than others; but an experienced Realtor will inform a seller when they believe the home will not pass an appraisal.I would recommend getting pre-approved for a standard VA; trying to find a VA construction loan and searching for an ugly buy safe, sound, sanitary multi-family while you do that.

I believe you are right in suggesting that you can keep the earnest money, but should is another question.Here's the rub.