Turnkey Fayetteville Rental- Solid Location Near Downtown!

Tenant is a single occupant, he grew up in the neighborhood, has lived in the house for approximately 10 years and would love to stay "forever." He works 5/6 days per week, does not have pets and pays his rent on time. However, there is not an existing lease so Buyer has flexibility. Tenant is currently paying $550 per month but understands he is paying less than market due to previous Landlord and is understanding of a pending rent increase. Rentometer Average = $667/month Zillow Estimated Rent= $800/month Tenant is low maintenance and keeps the property up himself. No repairs are needed however upon my walkthrough I noted the following: -Exterior could use pressure washing, a piece of wood over the porch is loose and a shutter has come off. -A cabinet door has come loose in the kitchen. Pictures and videos are available here: https://www.dropbox.com/sh/vnzqr716honze56/AADxP8pr_cX7ekfXcCxlA5-ea?dl=0 Offered at $41,500 Buy it NOW: $39,900