I did not start out with much cash and while I have more of it now, I still retain the natural desire to save up. 

I'm in SW Littleton, Roxborough, where water is quite expensive.In this area, I'll bet average looks something like this monthly:$130 - water/sewage$60 - natural gas$120 - electricAgain, other areas may be more or less, and gas/electric are probably combined in most parts of the metro area.

kitchen cabinets were skinned with 120 year old barnwood siding!

In the wake of the recent tornadoes at northern Texas, i would like to know if there are strategies for landlords to protect against such natural disaster.

I am interested to see what happens in the area given the price of crude oil and natural gas.

You'll have an ample supply of students, but you'll have to deal with the transient nature of college housing.

@ Tyler Richards - it's an REO as @Lisa Kohl mentioned and the banks want to see you have skin in the game.

Las Vegas does have a large pool of renters though, due to the nature of the majority of jobs.

That said, if you have the "disregard if... " on your future mailings, then the awkwardness part is moot because when you ask, with the intent of receiving confirming the status, and they acknowledge that it is, then you can simply apologize for the misunderstanding, gently point out that your mailing had a note about listed properties and so having received the call, you naturally assumed that the property was not listed.  

If you can qualify for a loan of this nature, I would consider doing the repairs to bring the appraised value high enough to avoid PMI.