Normally commercial buildings are rented with triple net (NNN) leases and the rent rate is by the square foot.

She's paying $1100 for 280 square feet.  

I have no problem shooting 20" of this stuff up there if need be. for ~1400 square feet I am guessing this is going to run me about 1k to do it myself. 

Use the internet to find recent sales of homes similar in square footage, style, age, and condition to the one you are buying within the same neighborhood.

That's a red flag that the area is not livable.

I wanted to see: My rental address The date I purchased this propertyWhat type of dwelling it isThe year it was builtHow much I paid for itHow many square feetWhat I sold it for when and if I sell itWhen I received my Certificate of AcceptanceWhen I received my Certificate of OccupancyWhat would you like to see on your form?

I've done comparables in which my subject property and the comparable had identical square footage and lot size, both three bed two bath, built within two years of one another and were only a quarter of a mile away.

If you have questions about how to read the title search report, you can ask the title company directly, or if you are working with an experienced real estate agent, and this is "key" then your agent can help you determine whether there are red flags in the report and how best to deal with them.

If you don't need the cashflow now, then...Owning Outright Vs LoansI'm square in the loan camp. 

Ok, here are some places I have been considering for about 1 year:1) A multi-unit in Logan Square, Chicago, IL.