There are numerous factors that affect monthly housing payments beyond just the price of the house.

This site is an incredible platform that has numerous resources so definitely take advantage of it all.

We find [her] narrative summary and thorough time logs convincing because [she] owned numerous rental units that she operated alone. 

Upon entry of the property the next day, I noticed numerous violations of our contract:She had two unauthorized cats (That destroyed blinds and carpet)She appear to have an unauthorized long term guest / sublet (There is a new bedroom set up in the basement with mail sitting on a table not addressed to anyone that signed the lease, but I have not seen these people)She had a full size hammock bolted to the ceiling of the master bedroomMy question is, since I only have 45 more days until she is scheduled to move out, should I send her a notice of violation for these items and that if they are not addressed, the contract will end, which based on Virginia law she has 22 days to address and if its not fixed after 30 days, from when she receives the notice, the contract will end. 

@Bryan Beal yes, the 1% rule is realistic in numerous markets, however, every investor is different and has different goals.There are many here that want immediate cash flow and typically the homes that are lower in price will achieve the 1% to 2% but these SFR's typically don't appreciate as much.If you're able to achieve your goals on achieving the 0.7-0.8% than that's okay and you don't have to be at 1%. 

In my particular market there are numerous lots being listed for sale with little activity.

I've been to Tampa numerous times and really enjoy the life style.

If you see a term in that book that is unfamiliar look it up. 2) I would try your best to familiarize yourself with all of the components that make up a house, I have used this book "The Complete Guide to Contracting Your Home: A Step-by-Step Method for Managing Home Construction" numerous times to get a better scope of the details involved with renovating/building a house.

I have been looking at multiple properties in the city and am finding numerous properties downtown for between 25-30K however I have read a few articles that specifically advise to not invest in properties under 30K for multiple different reason.

There are numerous companies who have people join with little to no experience.