I just graduated from college with a degree in Engineering Physics.

Be sure to do your due diligence and run the numbers.

For example, the preliminary appraisal for one property for which I paid 54k, , is around 67k, according to one lender running comps.

What this does is when this person goes to rent another place and their background is run these will pop up and the person looking to rent denies them.I don't know if there is such a thing as a site that warns landlords of tenants.  

@Ryan Enk In an environment like yours, it's a good thing you run them on leases.

If anyone has a client that is looking for a rental but don't want to deal with the running around, let me know!

Im just wondering if taking this offer is going to give me leverage in the long run since it isn’t really a deal right now. 

I'm trying to run some numbers to see if I can get a deal that's worthwhile. 

Seems like I should do this sooner rather than later due to growing concern of market being topsy.I know this is not a home run and I am not cash flowing as much as I would like but want to use this investment to continue to learn and grow and eventually hit double/triple/home run(!)

I will run through the exercise when I get back to a computer so I can give it ALL of my attention.