At that point in time the market was still hot for properties at my price point in my buy box.

Financing can be trickier in smaller markets, so work with an investor-friendly agent and lender who know the area.

How is the market in Akron?

One unit is remodeled and empty and the other is not and has tenants paying way under fair market value ($700). 

My son is hinking about getting it so I am trying to do some market research.Thank you

-With my current role in my career and trajectory, I will be able to make the move out of midland in 1-2 years, so I would love the ability to leave and not worry about my home sitting on the market when we are trying to buy a home in Austin.Those are some of my thoughts and I would love to understand the reasoning for/ against this.

I have two long term rental units now (6 years) and just exited a short term rental last year due to a good off market offer.  

That would probably be a good market for something like this.

@Mark Towey I don't "farm" areas personally, it doesn't really fit the niche I'm personally going after, but what I have heard from some major agents in my market lately is that farming is not near as productive as it used to. 

This means having to take a chance and take the property off the market for 2 weeksOption 2- Accept the offer with a provision that allows you to continue to market the property, knowing that there's a chance FHA may not fund the deal.