Cashflow @ $1952 P&I monthly: $3500 – (1750 + 1952) = $-202Right off the bat, using this generalization of expenses I see that I wouldn’t be cash flowing positive and would need to offer lower.Income:$3500Current rent roll from Realtor.com && Rentometer says this is fair price.

I would love to connect with you and talk about goals and how we may be able to help each other push forward. 

Talk to a regional bank or credit union, they can get you rolling.

Demand for both affordable housing and investment properties has pushed property values much further past rental rate increases. 

Our financial advisors are pushing 529 plans for college.

Does that mean Rolling in Money Laughing Outloud? 

When price point is an issue as to the areas you are finding homes, you have to weigh it and decide if you should build up some more money to push the location into an area you might actually like more.

Realize each time you delay the tax on a Cap Gain, you just pushed the tax to be paid until later - good tax planning! 

I would start by contacting the case worker and discuss whether that will push the rent above the HUD requirements.  

Based on the information you provided it sounds like it is a one-time auto renew and then rolls into a month to month lease.