@Dennis M.That is what I am thinking too.

I also think a lot of banks' views are still colored by their experience in the crash (and rightfully so).  

I’ll post a picture of a slab that cost $500 and $1100 to cut - this was enough for a kitchen and 2 bathrooms.Same $500 slab in another kitchen:Also, as you can see, for rentals, I’m a fan of darker colored cabinets. 

@Joseph Konney: The upper unit the guy I bought it from had started the work already, so there was little to do  besides paint and finish bathroom floor paint and light fixtures and same with Kitchen and 1 cabinet and I repainted because the color he had was awful.

You can do it too -- the key is to have the right team to help you.If you have a specific market in mind then you can work to research and assemble a team in that market to help you find, improve, and manage your properties.If you're not sure what market to focus on then you'll need to start with doing some research on selecting the best markets for you and your goals. 

But one of the PM that we spoke about told us that from his experience relatively cheap houses ( he was saying that single family house  whose rent is lower than 1000 dollars is in the category cheap) attract people with low salary, and that basically then are barely surviving, which means that if they have any serious problem in their life, child sickness, car being broken down, tooth problems, they will not be able to pay, which will lead to either slowing down of everything, or them not paying at all, or not even wanting to move out, an then he layer and just losing the money.  

It’s a beautiful house in a fantastic location too.

Might be worth it to drop the price straight to $900 instead of going $925 then $900 too, the $25 less per month won’t hurt you as much as an additional 2-3 weeks of vacancy.

If someone wants to get in while this in moving we are open to that too.  

It's in what's called an "Opportunity Zone" in Tampa, so the neighborhood has its colorful characters.