Anything above that range will be outside the financial grasp of most tenants so it will be hard to fill vacancies.

So should I:a) mail to the financially distressed homeowners anyway b/c they may not understand their optionsb) mail to absentee ownersc) mail to high equity ownersd) mail to probatese) you have a better idea!

Given that we are carrying ALL of the financial risk, I am having a hard time seeing why this would be reasonable or fair.

Minnesota has a law that protects DV victims where they can provide written concern to the landlord and basically get out of the lease.

This is committing financially and emotionally to an actual real life decision.

@Katie Haney  careful that price range and tenant range is for experts in the local market generally.. out of state folks stand a very good chance of having some pretty rough financial times .. take your 50k and buy something for 150k you will thank your self over time. there is a reason a duplex would sell that low in todays market.. the market is pricing for risk.. when you live out of market your risk already goes up... there are plenty of better buys out there .. than a duplex at 50k..

I have contacted the sellers agent and they are willing to share financials with me when I sign a CA. 

@Don JacksonUnless its specified otherwise in the lease:$100 to replace the furnace filters - This should be a preventative maintenance item charged to you to protect your furnace.

There are a lot of financial planners out there who will tell you to pay off student loan debt before investing in RE.

There will be government help that may offset your losses enough to help you keep afloat financially.