If they are not sufficiently motivated, you need not bother anymore.And as Chris said, you are barely above 1% on Rent to Value, your Cash on Cash is around 2%, and your DCR isn't even above 1.20.

Year 3 it gets diluted further, average gain about 12%, Year 4 average gain about 10%, by the time you get to year 20, your account gain will be barely more than the market gain of 5%.

But my goal in this forum is to offer experiential comments and also learn from other members what new problems are facing property managers around the world.  

You can't be carrying any weights other than the bare minimum as you try to run uphill. 

Things are growing beneath and within you that you can’t yet see – but you will.Here is a video clip from a favorite inspirational movie of mine called Facing the Giants.

If the ground is contaminated, you may face an expensive remediation project to clean it up before you do anything.

I see a lot of the same faces - and they started bidding, but stopped at their "number".

Hey Brian I had asked a similar question for properties in Indy, which may be useful for you: https://www.biggerpockets.com/forums/48/topics/323140-bare-minimum-for-down-payment-in-indianapolis?

Hi Brad,We are facing the same problem as you are but found a deal that works for us.

I suppose I can just add a paragraph in the rental contract giving bare bones disclosure and then we both sign.