I used a BP calculator to look at all of the numbers when I was initially looking at the house, but they have changed slightly since I got my offer accepted, got the interest rate, and got the exact insurance amount.My monthly P&I would be $520, Insurance $78/month, Taxes $70/month, HOA $10/month for a total payment of $678.  

I went for a Finance degree.

If the LL is a big organization like a REIT they may be unwilling or unable to negotiate lease terms with individual tenants.Or maybe the LL just thinks their space is hot enough that they don't need to negotiate as another tenant will accept the default lease terms.

My wife has a degree in the medical field but only spent a short amount of time in the workforce before devoting her time to raising our child.

Some states and areas they are readily accepted but not like they once were decades ago.

They don't have to accept it, but it's a way you can add value and correct an under-valued rent situation.Get something in writing, regardless of TAW or 1 yr lease.Some people may not like or want to sign a lease and for those you will need to either begin the eviction process or have them sign a TAW agreement.  

So the bank accepted our offer on a REO.

Go Here Also For Available Properties,but be sure to do your due diligence before buying: I think you may likethis link:  http://lands.sos.state.ms.us/tfl/index.aspThe application process is easy:  You just submit it, and they will writeyou back with the actual cost, then if interested, you can accept/not.Thousands of Deals---Just Be Sure to Investigate/Perform Your Reseachon each property of interest (due diligence is key).Much Success Always!

It is in a great neighborhood - we live here and part of the reason we are finally getting into real estate is because we love our neighborhood so much, I used to be a college basketball coach and for me to accept a new position meant relocating and we did not want to leave Mt.

You don't want to be rushed into accepting a poor tenant.