Thanks for any feedback, regardless of how detailed!

There's definitely no need for that much detail listed in the lease in my opinion.

Keep an eye out for any BP meet-ups in the Portland area where you can meet many local investors. 

Any details of how to close this out is much appreciated!

I know the details will depend on the specifics of the deal, but I could use some advice on some options for how a deal like this might be structured. 

Most of the homes selling for bargain prices now are in the Adamsville/Bolton Rd areas or way down in 30315 near Dekalb county...the two most outermost corners of the city and of course, those homes are in terrible shape quality wise.Not much of a super statistical analysis, but using the eye test, inventory is way down and the homes available are not really attractive (with or without renovations).

Members get five free calculations.The numbers and details you gave on the property make it seem like it would be a good deal.  

Seen the life locals have to do just to get by - not a fan of 2 jobs plus seasonal side jobs.Read RDPD (rich dad poor dad) and it opened my eyes to the values of real estate.I plunged into the beginners guide offered by bigger pockets.

Please PM me with details.

I would need more details on the property.