What does sail boat have to do with real estate I though this forum was here to help each other and offer support and give information 

Show him the supporting comp data and renovation costs.

Just be sure you have all your evidence lined up and can support your damages.I still think it might be worth buying an hour's time from a local attorney.

I love the cloud based training and local support of EXP.  

In your situation: if the numbers work and the rent supports the purchase price, then go for it.

I have a relatively strong network that may be able to support either.

In my area we have numerous multifamily properties in the nicer parts of town.

I do this with one lot where I will list several different house plans at different price points as long as the area will support it.If the road front lot and house are the least desirable then that would be a good lower price point option if you feel it's necessary.    

We get forms, legal support, leases, meetings etc.

I joined my broker for the flexibility to train, get support, and work outside of regular hours and joined a local team that supports that.