I grew up on this property where my Dad, placed this property under contract for $19k back in 1997 and paid the Doyle Edward Rowe Living Trust $160 a month until the day he died in 2008.

Not sure i would trust my student tenants to set up garbage.

A 3% earnest money deposit should keep people from backing out but I would make sure you have someone else lined up or the cash to close if needed.It really depends on the area of town and level of rehab.

Should I trust that I will get 230 or more for my house?

It obviously depends on my comfort level and risk tolerance.I'm pretty comfortable with the coverage of the current property policies, but I've never had any claims against me or my properties, so I don't know if $1,000,000 is plenty of coverage or not.

Either or both could be forced to stop working at any point in time.Risk level on this couple is off the chart.

As part of the broker's license requirement, I need to open a broker trust or escrow account at a Real Estate Commission bank.

I agreed to review existing report, in addition to getting my own inspection done by an inspector I trust.

I think you're so right that it depends a lot on factors specific to each investor's comfort level. 

You need a trusted local team at your beck and call.