He also describes them very well, so you don't miss out at all.His other book "The Book on Investing in Real Estate with Low and No Money Down" is also great, but unfortunately the reader is pretty terrible and distracting, so I suggest reading it on paper or Kindle.I wish more Bigger Pockets books were available via audio!

The CMA was just low - while no weight at all was given to the rental income. 

One contractor said that price was way outrageously low

When I changed the vacancy rate the monthly cash flow dropped to around $260.Some other neighborhood highlights:- $87,000 median real Estate price- average rent is $1,000 (rentometer said $750 was the average and I have $800)- 65% of the children in the area live in poverty so this is a low-income area. - the main occupations are manufacturing and labor, sales and service jobs

The first reason is that "equity' does not actually equal low risk.

I plan on taking the 3ish hour drive out to the property tomorrow, but wanted to get some input on things, maybe yall can think of some reason the house is priced so low. 

Personally, I would keep the loan and not refinance - I don't think you'll see such low rate for other loans any time soon.

As I live in a pretty low population area, there is not and has never been an organization like this. 

Low income rentals - tenants don't ask - they just paint and you find out once you had to evict them for non-payment. 

$650/month for the house you described seems to be too low in my opinion.