Now I was able to command a better price because I paid in cash and all three were desperate to sell. 

If my estimations are correct, he owes approximately $190000 on a home that in my local market could potentially command $240-250,000.

Class A properties, on average, command 40% more rent compared to equivalent class B property. 

You could sell the note on the open market but it would command a substantial hair cut.So there are really two answers/options.1.

I've estimated from realtors and contractors that it'll take $8.5k plus a Murphy bed to command rents in around $1.3k.I'm looking to fix it in mode of the Houston micro condos in that area.  

Here are my numbers:$82k PP and CC$60k renovation (fully permitted)$3k holding and misc$145k all in$200k ARVRents range from $650-850 (of course I think for a brand new unit we'd command the highest rent)$55 gross profitSo if I went traditional I'd spend another 13k in closing and agent fees.When our investors fund the entire deal we share 50% of profits so why not find the end buy and hold partner in the beginning and give them that 50% discount on the property.

They do exist and command high rents, but unless you are on the list of these companies and have multiple units in desirable areas it may be difficult. 

Quality individuals are hard to find and the wages they can command are also very pricey.  

It doesn't matter how disconnected your command is from a prospective tenant or client.You never know when one Saturday you're the NCOIC/OIC over some group at an airshow and low and behold....IG investigation.The military and their families are a great investment opportunity due to the consistency and longevity of their demand.

The property will be easier to rent and command a higher price if you have laminate flooring instead of carpet .