But there are federal and local regulations as well as the banks internal policies that all have to match up.All in all I vote LOC.

If market rents are $200-300 higher than what your target property is receiving, then you just need to examine what amenities and features these other rentals have that yours doesn't.Go visit a few neighborhood properties that currently command a higher rent and make careful note of the interior and exterior.

The above property needs a lot of work, interior and exterior, plumbing fixes, floors, walls..the asking price is 575,000/=I could also not figure out the insurance in the property, as it is not shown in the description..Any suggestions on how to look up property insurance?

On top of that, many state universities receive a large chunk of their revenues from international students who pay hefty out-of-state tuitions.

Would there be a way that we can internally decide how much eachother gets?

Interior/exterior update.

That usually kills off all the interior ants within a couple days.

One of them will be the interior door and usually the other one is a window. 

This is where I'd start, and then once you exhaust your internal resources, start reaching out to people outside the company with specific questions.Also, depending on what market you're in, focusing on foreclosures, REOs, and short-sales could be pretty tough right now.

@Sean JulianWe only buy foreclosures that are vacant with access to the interior (for now at least) for this reason.