@Orhi Tahi I actually have to disagree with the others, I think this is priced at market value and maybe some slight potential to appraise a little higher than 125k.

The city is protecting the potential clean up expense and that is backed by state law. 

I think multi-fam has a great long term potential and am looking to get into that as well to diversify a bit more and have a solid base.

We are just starting out and we are both working full time, so the point in having a potential tenant portion to our website was to direct the potentials to the website where they can review the minimum qualifications.

Gotta get creative and search for some seller finance potentials in order to get a good BRRRR deal. 

By setting clear guidelines and fostering a culture of respect among tenants, many potential headaches with neighbors can be mitigated.

This deposit serves as a form of protection for any potential damages or outstanding rent at the end of the lease term.Most of the property management companies offer various convenient payment methods to ensure a hassle-free experience for tenants.

I'd seek to have them re-sign the lease and let them know you will be marketing the place as available to rent if they don't... and if they don't then I'd do just that, I'd start marketing the house as available (at the date the current tenants lease ends) to get some early interest from potential renters.

Late rent and potential evictions come with the territory of being a landlord.

So flooring, insulation etc... should have sound proofing thought out.