@Ryan Daigle  Thanks for your detailed reply and highlighting the risk factors.

The reason the buyer has the resources, and you may not is a result of you believing that making a decision to put some skin in the game (ie... the money) should be able to be influenced by someone who has no intention of putting their own skin in the game. 

I want to think that amenities of the home, quality screened tenants, the location, and the price point are all selling factors.

For example, you may find that he is simply using a "factor" to ballpark these costs, which he has winnowed down to near perfection over time.   

The whole 20% down or pay PMI thing is not even a factor for cheaper properties.

@Maria Crenshaw too many words and you’re coming off as a landlord that would be difficult to work with.Your credit score requirement leaves the door open to potential tenants that you may not want based on some other the other requirements.If you haven’t yet, do the research on what is usually the acceptable percentage of rent to income in your area.Everything will come to the light in the background check, so let that be the deciding factor, you’re potentially pushing away great tenants

Two high level main factors are market and operator.

Is this a limiting factor for me since the city location is not the biggest factor?

You do need to take the "appreciating market" factor out if you are planning to sell it after rehab.

PRICE is the determining factor in your market.