Doesn’t sound very promising and the numbers are nothing to get excited about 

We use Zillow and craigslist only if zillow doesn't provide serious leads in the first couple of weeks. 

The son doesn't want to continue making the mortgage payments and is open to selling subject to the mortgage balance and wants $5K to pay some bills.

Most of the homes around us are being purchased by religious community that doesn’t mix with anyone outside of their own.

My condo community has enough reserves in place where it doesn't directly impact us in terms of a special assessment but my HOA dues have increased 2.9% for the last two years.2.

If you've got other qualified applicants, I'd go with somebody else who doesn't have this weirdness going on.

., Section 8 doesn't depend on the neighborhood or condition of the property.

On paper it makes sense, but that really doesn't mean anything...what is the asset class/location like?...

The proper way to have it all done is a forensic engineered cost segregation study, but on a single small rental property the cost-benefit sometimes doesn't make sense.

The common phrase I've heard over the years is the best time to buy real estate "was 10 years ago".If you buy with cash flow and have financing that doesn't have a short-term balloon, you should be able to ride out any storm and be positive on the other side.