I had a family in their 32 days after I listed it on the sight (who ended up staying for 6 months)....CHBO also will give you a 30 day guarantee...so if no one books your rental within 30 days of listing it, they will extend your membership for an additional 6 months for free...yeah I got that deal too. 

I’m not planning on buying anything else right away but want to take a year or two to thoroughly educate myself on how the market works, how to finance safely, how to find and recognize good deals and anything else that would help me make good choices when I get some money to invest.

Does the title company need additional  info or documents from the seller. 

In addition, at that low of an offer, he likely won't return your phone calls if you want to negotiate further. 

I told my contractor this information and henquoted me on an addition. 

She is trying to invest in additional properties, but currently she only has the rental income and about $2000/month in childcare income.

This is certainly an additional cost to you but part and parcel to the rental game.

Tag me back if you have anything additional. 

PMMI is approx $3700, so after additional expenses and etc. there should be some amount of cash flow. 

*additional question:If my tenants are section 8, will the single electric meter issue have trouble passing their inspection?