Then I add the specifics for the property e.g for the recent one I added the lead paint disclosure, pamphlet, I added that it is a historic house so many of the historic features do not meet current code e.g. the banister height is lower than now required, pet addendum to identify the fish, dragon and one dog, etc. 

The Realtor team I'm with does a considerable amount of rent-to-owns where the agent typically only receives $1,000 and I'm really not focusing on them or specifically that strategy knowing that I could just wholesale lease option instead.

But here's why I think this: Most banks will not even accept a short-sale unless and until you have been missing payments for some considerable length of time.

I would narrow that period more to 2005-2007, the very height of the market.

Another consideration should be the valuation of the dollar.

For a replacement door, you just measure your current door, or opening, and the measurement should be 24, 26, 28, 30, 32, or 36 inches wide, and the most common height is 80 inches.

If they need a new washer and dryer, new bed, new furniture, it is a struggle.Another consideration, where are they going to live during the mess?

@David Coleman,It has always been my understanding that if you do what you are passionate about, it is never work.A possible consideration, probably most of the classes you take in college the first year or two are "requirements" leading up to your major.

Some are major considerations, including tenant rights.Legally, legal advice can only be provided by a licensed attorney in the state where the property is located.

@Chris H.One other consideration is that block houses usually are not insulated as well, since no stud space.There will be some negative inputs when you sell, but if you're keeping and the property cashflows, is the negatives on the back end a big issue?