As I'm sure you've seen (I hope) there isn't much going on in that part of the state and I personally would stay away.

After that, it will become a dance of either having tenants stay and effect small increases annually or lose tenants and then correct at once to market.  

Yep, that's definitely pink, and a retro-kitsch look wouldn't be understood nor appreciated in rural Arkansas.The absolutely cheapest update: Remove the two courses of tile above the vanity.

My wife and I update our balance sheet every month and have different growth goals that we track.

Will Barnard , enjoy your stay!

Divorced in March of 2015 and moved into an apartment while my ex-wife stayed in the house with the kids.  

For most, it's hard beginnings to get in the game but there is likely a payoff if you can stay in it long enough.

If it is on the property line expect the power company to want it to stay on the property line.2)  Is it simply a pole on your property for your service connection? 

The rental rate is between $700 and $900 per month so the curret tenant couldn't stay there paying that amount.

Stay away!