If you take a copy of the liens to the Labor office downtown they will accept cashiers checks and give you paperwork showing it is satisfied while you wait.

I am currently basing the rents on the comparable local market with 2Bed1Ba with roughly the same sq footage . 

At the same time take a look at properties out of state and compare returns.

This is low as compared to SFH.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

For one I'm not absolutely sure this is all the data needed to decision on this deal, and also I'd like to know what you guys think about the 1% and 50% projections and how it compares to the actual cash flow after crunching the numbers.

As far as the home prices - you also have to consider how low rates are right now compared with where they've been historically and where they might be.

How does commercial compare to Long term rentals ? 

How do those compare to STR's in the US?

So there's two elements I would suggest to focus on here:CostsResponsivenessCosts you can compare by analyzing the "lender fees" on a "loan summary" or "loan estimate".