It equates to significantly lower returns when you compare it to you how much you had to put into it.

I'd like to take this chance to introduce myself as a new Minneapolis investor.

Correct me if I'm wrong, but rental income isn't considered into the VA loan approval process unless you have 2 years property management experience.Thanks in advance for the chance to become part of BP member community.

I would consider lowering the price or offering some bonuses like 50% off the second month's rent to make your property stand out from the crowd.

Thanks for the reply according to my realtor she actually helped me understand that portion of the contract better if I don't renew the lease then the lease just expires so I would have to have them sign a new lease and next time if I wanted that option check the box.The odd thing though there is a section stating it could renew on a month to month but she is stating since that section is marked out I would have to press for a new contract to be signed by the tenant which they are going to try to barter with me on and get lower rent so kinda stinks. 

You have the same chance of finding a lender to use by just being on BP

HOWEVER I can see value in a market like this, where you determine, only for yourself, what those lower parameters may become in the event of a crash. 

Hello everyone i just got a call form a seller he's trying to sell his house 5br 3bt 2,550sqft fully rehabed looking fantastic everthing new from customtiles to appliance,He told me he's trying to get out of paying mortgage so he'swilling to sell at a lower price that he had it on the market for which is $238.900Dont know what to do or where to go since i still haven't done my first deal yet.. 

Would your first instinct be to offer a much lower price?

Both Lower and Upper West Side is appealing (like up to Blackrock/Riverside).