Some fear going it alone, others are in a relationship and want/need their partner’s support, some are afraid of change, and others are too comfortable with their current conditions to be motivated to change.

I'd just ask what condition the property is - if it's not turnkey then the 5% for capex, maintenance may be too low (and I agree with Cade that vacancy should be bumped up a bit too) - 8% is where I'd start with those three, being as conservative as I am.Who is paying utilities and associated costs? 

If you have MLS or some other Social Media like Zillow or Realtor, Inc. that displays anything that has been For Sale for an extended period of time. 

This was stated in the loan terms and conditions which was agreed to, so we shouldn't debate over this as it's a set term&condition before getting funded by the company.

If those comps of 90k are in good condition and are representative of what you will have after you put in 20k it does not meet my equity requirements. 

I have learned several invaluable skills like marketing, sales, and the power of social media by being involved, but I'm not sure it's worth my time, especially still working full time with a toddler and plans for #2 soon.

Condition can often be an issue.

Not having to move is an added benefit.Now, here is where things get more complicated.He wants to sell us the house for $200K which seems low based on raw SF numbers and such, but close to FMV considering the condition and amount of repairs & updating there is to do.

Is the property in rough condition inside?

@Daniel Tisdale Based on the condition of the property, could you do some renovation work to increase value...and add “sell for a profit” to your exit strategy options?