I am not unwilling to not do the deal because of it, we are actually trying to figure out how to get out of it. 

Waste of money and time Orkin was actually $77.  

I don't use a formula (ex. 70% rule) instead I go by actual comps in the area.

Either way, run your numbers again and verify that you're actually putting your money to work in the best way.

Jonathan actually came with me to look at a couple houses and share his insight, and I'm buying both of them! 

@Jon Lee I actually just left my Regular 9-5 job early to go to a Lunch/Meeting at 11:30am.

You also have the benefit of having parents pay the rent instead of the actual tenant. 

If not, you may have to wait until to actually close on the property A and request disbursement of the remaining funds.   

HelloIf I am looking into putting a property under contract but I am not in the state to be able to physically inspect the house how would I be able to otherwise properly estimate repair cost to do my own numbers research before actually buying and/or selling?

From what I've found, you can hold the tenant liable for all court costs if you win the suit and they are evicted (not sure how often we actually end up collecting, but we can try, right!).