So it seems all you will have to do is pay down the mortgage balance a little bit and you are fine to sell the property free and clear.  

Just take 80% of the value of your home then subtract your mortgage balance.

I have a tendency to over-repair and I'm trying to balance that, but I'd rather over repair than under repair as I do find that it's so much easier to find a good renter quicker, especially when your unit is better than what the competition is offering, it will definitely stand out.Let me know if you end up purchasing flooring, cabinets, etc yourself, I can suggest some  places I've used so that you don't pay more than you have to for the material.  

Not sure what your experience is, but what I have been trying to balance is the amount of upfront cost prior to appraisal. 

We had our attorney explain the situation to the seller’s attorney - ‘the bank of idiots has done xyz’ - with a proposal that the seller carry back the disallowed ‘gifted’ balance until the deal otherwise closed, at which point we would write the seller a check outside of the closing for the disallowed ‘gifted’ funds the seller carried back.

Property performance is a balancing act between getting top rental rate and reducing turnover.

It means that if you transfer the name of the title, then the entire balance of the loan is due immediately.

I think you've struck a good balance between a thorough description and not having too much information.  

It will be some percentage of the fair market value of the house or the unpaid principle balance remaining on the note, whichever is less.

Current loan balance 202k, got appraised for 355k, so 70% ltv is 245k.