@M Genuine   Congratulations on your decision to get your license. 

Ultimately you want the price to be closer to the 1% rule just like @Tim Herman said, but other cost cutting methods could help if you genuinely think the rent will appreciate at the rate you outlined.

If I put my full remodel plan in place, I would expect ARV to go to around $170,000 and rents to be around $1300 to start with future rents fair to expect to rise as the market allows, I recognize that getting more initial rent should be considered, but I have been keeping tabs on asking rental rates in the area and I am seeing $1400-1500, with more space and slightly better floor plans. 

Thank you for helping me recognize the flaw in our market/my analysis.  

This will determine the gain you recognize and have to pay tax on for the sale of the interest. 

I genuinely look forward to interacting with you, meeting some of the local members, and ultimately working on some deals together.I absolutely welcome any piece of advice, suggestions, or stories that you may have to share with me.

HISD as a whole is a step or two below Fort Bend and Cypress but does have some great schools, with the majority of the recognized or exemplary rated ones being elementary schools.

He is very good about recognizing cash-flowing properties and as you now know having been in Great Falls yourself by now, there is lots of opportunity to have a rental investing presence in Great Falls, MT.

I agree with Lynnette, getting the inspector to "consult" with you as a recognized expert could be a good way to develop a relationship with him/her.

However, a landlord also has a duty to protect residents from known risks, or risks that the landlord should have been able to recognize.