Usually one bedroom apartments are more transient and command less rentHope that helpsGino

Down side it was in a little podunk town about 25 minutes from my house. that really didn't command much rent. 

(I don't know)I am former military and have never landlorded (someday), however as a tenant this is what I provided to my landlord when I was stationed in San Diego, as a reference you should call the command he is stationed at.

It seems low to me for that price point and level of finish it will require to command it.

Go therefore and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, teaching them to observe all that I have commanded you.

You can also try to find mf properties that don't cash flow at all, which would then command a low ask price.  

If your group or team is always at odds with each other it's almost impossible to make things work, anybody who has been at a great command and then goes to a bad one and vice versa knows what i mean by this !!  

My wife and I have been using the BP method of calculating operating costs for rentals in Houston but we were starting think that just using say 8% for maintenance, 8% for vacancy, etc is fine for a place that only commands $1000/mo in rent but really penalizes a place that commands $3000/mo in rent making it impossible to find a good deal.

I also have a 4/1 a 3/1, And a 1996 infill house thats a 3/2.5 in the same neighborhood, it doesnt command a premium on rent as the prospectice pool cant seem to afford much more.  

If they are doing deals they have proof of funds letters on command as you will NOT have been the first person to ask for it.