The fee is very low-5.00 per.

Smart way to keep costs low for the tenants while still cash flowing tremendously.

In the Temple area I know of two investors that lost fairly badly at that game; due to low demand.Yes, to renting to students and yes, to your smart observation to keep all markets available.

I currently have 1 single family house rented, but my ROI is low for such property ($250K House - $250/cash after paying P&I/taxes) so I am looking for your advice.

Also that improvements have to be made within that 6 month time frame to count them towards the amount or your "bumper" will be too low and you will be subject to the capital gains tax on the difference. 

You can easily get a 3 family house within your suggested price range, the property taxes are low and PA is not as super tenant friendly as NYC.

The company will likely help us sell our home.From my vantage point, I think the reasons to sell are:- Free money from the company to sell our home (~$80k commission)- We’ve been in the home long enough to qualify for the married couple capital gains exemption and will likely take advantage of the full $500kReasons to hold and rent would be:- Keep our 2014 low-ish tax base.

The finance company she worked for was somewhat new at it, didn't have the safeguards in place and allowed managers in charge of these REO's to set prices and sell them, apparently believing the dire stories of investors resulting in low offers that were accepted.

If you cash-out refinance, your interest rate would drop to the low 5% range, allow you to have more cash flow, and funds to purchase your next investment property. 

Based on that, there's a very, very low NOI (again -- poor management).