Hence my wondering if I might strike and agreement with my tenant and end up buying the property from her or taking on whatever loan is restablished.  

I'm really hoping BP will come through for me though in some ways, who knows I may be able to partner with an investor in another area for a deal or two to just try and get used to the market before striking out on my own.

The other is half Chow Chow, half Lab, great dog and striking looking too ... 

I have a friend who enjoys photography and has a good eye for it, so maybe I'll treat her to dinner to get some semi-professional photos.As for the description, I tried to strike a balance between emphasizing the good and screening out people who won't qualify, while keeping it short and sweet.

One type of property that strikes me as a little unusual is something like:~800-1100 sq ft2-3 BR, 1-2 bathSmall lot, maybe a detached garage but usually notPrice of <$60,000I'm looking in a city where the average home is about ~160k and I see a lot of these very small, apartment-like homes for sale in the 50-60k region.

One thing that strikes me as weird is the lack of a front-facing door.

All three of those are strikes against him.  

I am currently enrolled at Auburn University and I am looking to strike up my first rental deal.

Your strike price comes from underwriting to an IRR as you work backwards from your forecasted exit price and map out the annual income given your forecasts for rent growth and economic vacancy factors and layering on expense growth inflation and cost of debt.And since the value is dictated by the income, investing in areas where rents are likely to rise the most gives the best hedge. 

If so, that's two strikes against that lender.