Usually you pre-pay for the vacant policy for a year, then when you either sell or rent it out, cancel that policy (and get some pro-rated money back) and start a new (lower-priced) policy.I'm not familiar with insurance agents in your area, but I'm sure other investors in the area will reach out. 

Are there any other factors that you might consider outside of the usual items in a rental property deal analysis?

There are valid arguments to be made both for and against charging application fees, but I find that it usually comes down to what the norm is for your local market. 

There was a time when "all electric" was promoted as a positive thing, but if natural gas is available its usually cheaper.  

I'm not sure if this is how these Agents usually work, but he drops a hint of, "Maybe make an offer for $205K", you never know.

I'm not sure if this is how these Agents usually work, but he drops a hint of, "Maybe make an offer for $205K", you never know.

There is a date that you have to exercise the Purchase by (usually).

Usually very accurate data, and (in my area at least) new listings to mls or newly pending get updated within an hour or two.

$1600 rent, Mortgage $1150 - maintenance cost is usually really low for first 2-3 years since its a brand new remodel.All in all its a high class asset with strong cash flow and easy to sell when we want - best of both worlds.Originally posted by @Christian Wathne:What does your rent and ongoing costs look like on this property?

Delayed financing, where they rapidly refi you at after a cash purchase will usually be for 70% of appraised value or PP, whichever is less.Easiest for you would be to buy with seller financing with a small down payment and wait a year to refi.