I'd take that financing quick if you can, saves you the hassle of using a bank. 

It has quick access to downtown and a few Universities.

I'm not sure if all agreements are like this because it's my first time going through private lending.I need to make an offer ASAP and no lawyer can look at it in time for me to get an offer in before the two other buyers nipping at my heels.If you are willing to take a quick look I'll send you the agreement via PM.Thanks!

I was considering selling it for $200k as-is and was wondering if at that price it would be an attractive deal for investors out there, either for a rental or a  quick flip. 

Others here on BP may think differently but here's my quick break downA & B Neighborhood? 

A quick search of the IRS website should help you identify which closing costs can be expensed, which must be amortized, and which are added to your cost basis and recovered through depreciation. 

Just the other day after started a new podcast my 20 month old son said, "Quick Tip, Quick Tip!" 

I applaud you for maintaining a good attitude, planning to extricate yourself as quickly, safely and with the least amount of pain, and moving on with your life.

Just a quick tip for all the newcomers.

.$500 per month can get eaten up pretty quickly  by capEx and miscellaneous maintenance.