All based on numbers.

If you are really going to settle on this property - you could ask the owner to give them a 60 day notice of rent increase - send this notice effect September 1st, (don't miss this mailing) raise the rent to the number you want - if the tenant agrees to accept the rent increase - great - if not - you would be in a position to eviction them based on the non-payment of the increase or they will just move - you may want to say in that increase rent notice that there are plans to improve their living conditions, supply new appliances and whatever you plan to do.Do this will help get what you want without vacancies and still have a tenant who will be happy to comply to the increase.Cash flow is King - don't kill the King.Charles

County  tax assessor office assess the property based on purchase price.

A property must be appraised before a loan is issued because the lender is likely basing the loan off of the value of the property.  

On sites like fiver for example... 5 dollars is the base price.

We are getting gas ran into the property for HE Gas heater instead of oil heat.

Based on 27+ Years experience, a Title Company will NOT Release Earnest Money until both parties (Buyer & Seller) agree & SIGN OFF on who gets the Earnest Money.

@Mike Cumbie Based on a conversation we have had the interest is there I just need to give some additional motivation for selling, which may be just a matter of using the right kind of financing, which is the step I am currently at.

All my advice is based off the fact that you manage your own projects and don't hire a GC, as this will save you a big chunk and will tighten your budget.

**calculated based on 20 miles radius!?