Time to flex my marketing muscles and find someone who wants to pick this property up.Thanks again for the help everyone!

At a certain price point the demand will decrease and so will home prices, assuming supply stays static.

Why does rent increase or decrease when another person moves in?

Louis Federal Reserve website to look up info on average rents and to my surprise, there was very little in the way of decreases on any long term basis.

If the tenant breaks the lease the value in the addendum is added to any future collection attempt.If done correctly, in the right area, this can decrease the amount of turnover and increase the speed with which you take on new tenants in the event of a vacancy.

If you hold onto the shares for 25 years, the value will increase and decrease, but ultimately as the stock market has proven over time, it always goes up. 

You can ask the seller to pay your closing costs to also decrease money out of your pocket.

That said, you should have sufficient liability insurance.As for your second question, the only things I can think of are:have the seller pay closing costs (as seller financing), which isn't really decreasing the cost so much as deferring the costDon't use an agent, then convince the sellers agent to split the commission with you instead.Buy all cashUse private money with no up front costs - but if you refinance you'll be paying them on the backendShop around with different banks.

All it takes is a market down turn, rental decrease, more vacanies due to the economy, a death in the family, a job loss, income loss. 

That's a great area for college rentals although prices have really increases and ROI has decreased over the last year.