Clean the place up, bump it up to market rate, and be more deliberate when screening in the future.

And as @Ashish Acharya mentioned, it's always best to be conservative and avoid greed.  

I'm learning a lot and the city has also had some cool recommendations (how to deal with heating and the concrete slab with sleepers, recommendation to get pre-engineered trusses which avoids increased structural review). 

We know it could unlock our ability to buy a lot more properties, a lot sooner, and with greater ease, because we could completely avoid the limitations and lending criteria of banks.But we also tend to believe that Seller Financing is rare and hard to find (especially in a competitive Seller’s market), or that it’s difficult to negotiate even if you can find it.That may just be a limiting belief, however.

@Danny Mestas After much deliberation I’m keeping my house with just about that cash flow I was going to sell and reinvest to double cash flow but realized it would turn a paid for asset with $850 cash flow to about $400,000 in mortgage for a $1,700 cash flow and I decided that was stupid.

Utah county has lots of tech jobs and so you may be able to get more per room if you avoid the student rentals.  

If you replace the siding avoid breaking, sanding, cutting, drilling and sawing the materials.

The purpose of this is to make it crystal clear who is responsible and to avoid a mess if they decide to go separate ways during the tenancy.

That way, I avoid trying to find a new tenant during the holidays and Texas winter months.By having 5 of the 9 tenants on month to month, you have the flexibility of raising rent on just one or a few of the 5 tenants at a time.

If you have over 80% LTV, you can refinance from FHA to avoid PMI.