This is the value you will be trying to sell to someone else.

You should talk to another lender there’s something else going on here.

It is below market rent because the tenants knows damn well they can't move out somewhere else and pay the same so they're going to stay.

Unfortunately many don't - they end up messing over Sellers, can't / won't close on the deal if they can't find an end Buyer. 

We are in Utah where the market is extremely high right now so we are considering buying somewhere else.

The simplest way to explain is: active is where you continuously contribute labor (Realtor, contractor, wholesaler, flipper); passive is where the money is made while you're doing something else (landlord)

It has investor friendly legislation, stable rent rates, and affordability, but like everywhere else, the good opportunities are slowing down.

I know the deed needs to be transferred but is there anything else?

@Mike Redick Let me know what you hear as I am interested as well.Thank you to everyone else for the responses!

If so, you'll have the option to walk away without losing earnest money if the inspector discovers lead paint or anything else that makes you uncomfortable.