It was an issue that multiple people commented on when I showed the place.

@Michael Germinario Thanks for the comment!

's comment after you have determined the rental market value you need to plug more numbers in to this "deal" like vacancy, property management, leasing cost, maintenance, etc...Be clear on your criteria of what does represent a great deal for you, and review the numbers.

His exact comment was "as Realtors we cant choose when we are and when we aren't Realtors, we are all the time", and the same applies to marketing.

@James Wise Reminds me of a Dan Sullivan comment, in the beginning of our career we convince ourselves that we would be truly happy if we had 100,000 a year net income.However when we achieve that we become a bit disillusioned, and we convince ourselves that True Happiness is at 200,000 annually.

Bill Gulley Appreciate the comments Bill! 

Above comment is just my two cents.

I guess you can always ask about legally permitted use...my comment about your relationship in the town is more about how informally you can ask the question and avoidance of tossing anyone under the bus.

My wife made a comment on asking someone walking up to one the units that we were looking at about their experience living there, which had me thinking of developing a few questions to ask in situations like this.

Can anybody comment on using auction . com to bid and or purchase property?