You should get your money back and then move on - application fees/credit checks, any deposits, prepaid rent, etc...

im about to start a 3 day free trial and i will be charged $60 per month afterwards, i think our daily limit is 15k or 20k addresses per day. so i dont think we will ever have this problem, simple small communication can avoid this if either one of us needs to make a big export. i am hoping someone can use access like me and doesnt mind sending $30 in paypal. maybe we even split 3  / 4 ways with others if they respond. 

We are in the same boat, although we've had applications they were of some of the worst quality I have seen.

We actually found a tenant while the rehab was being done and he's been in there since, being charged $1,725 and is one of the tenants we probably all dream of.

@Glen Beringer is right that on his higher end rental he wont need to set aside 10% because he's charging 75% more in rent to cover the same fixed cost. 

It's one thing to help mom out by charging under-market rent.  

I used rentometer to determine rental prices, but they charge after 10 searches. 

Hobby landlords that charge below market are the type of landlords we are all seeking to buy from.You will likely need a GC to do an evaluation on repair costs.

Obviously in Houston most would prefer a large home for that price, but there are still plenty that prefer condo lifestyle with no home headaches but there's one for sale right now over $5M in my building a little bigger3) David -  Like I mentioned mine is many floors higher as a comp that sold a few months back that was basically stock from the developer, mine is upgraded significantly and higher, but of course that's irrelevant now as that one sold at the time and ours has not.There's really no rhyme or reason in this end of the market, I don't expect a quick sale from my realtor but it has been nearly a year, at some point you just begin to blame the person in charge of selling it for not marketing it properly,etc.

But long term, by carrying your mortgage for the full term and making minimum payment, you are racking up some serious interest charges (but hey that's finance folks).It really depends on your financial goals and what YOU want.