Before making an offer, insist on a written CMA (comparative market analysis). This will be the same form that an agent will show the seller when the asking price for the home was set. This helps to compare the house being sold to others that have been sold, and it helps identify what a fair price for the home is.
The rental income will cover the mortgage payments. The townhouse is rented year round for $1200 a month. Must honor rental until July 2,2016 and renters would like to stay. Short walk to the bus terminal, movies, the beach, and many restaurants.