Risky debt.RE is a time game. 

It's great to have more people in the REI game who can spur one another on and add value!

You need to have some skin in the game in my opinion. 

Does anyone know how the long term rental game is?

It's an easy system to game if you know how to do it.Also the percentages are a bit a deceptive because you need to pay to be listed on there.

In general, aim for markets with growing population, diverse economy, and low unemployment.

This is all part of the relationship game.

@Brandon Turner will tell anyone new to the game to "analyze 100 deals" as a good starting point.Here is the breakdown of my spreadsheet on the BP Blog: https://www.biggerpockets.com/...I use this spreadsheet as a preliminary evaluation tool. 

This game is all about follow up.

I think the best way to continue valuation is to add revenue and expenses from the house as if it were a rental and then add in all expenses, that way you get a full P&L picture and it negates the weird game the seller's trying to play with the expenses.