(These are the mixed use of a dwelling rules--the same rules that create and control the home office deduction and the de minimis exclusion which people often to as the "Augusta loophole.")

Ops/Reserves (35%): ~$2,145/monthNet Monthly Cash Flow: ~$77/monthAnnual Cash-on-Cash Return: ~0.5%Cap Rate: ~5.25%DSCR: ~1.15Reality Check (from the field):Most serious investors right now are looking for:1.3–1.4 DSCR for stabilized hold5–8%+ cash-on-cash or a clear path to return equity through a refi or value-addWhere This Could Work:Price adjustment closer to $800K–$850KBundling with adjacent assets to create scale for future exitOr if there’s a refi strategy within 2–3 years to pull capital and de-risk the holdCurious to hear from others in the group:Are you underwriting sub–6% cap deals right now if they’re turn-key?

Balto, eastern shore of MD and DE beach.

@John Paul Vargas I use Corner Escrow in Mission Viejo, Christy De La Torre if you know what you are doing.Good Investing...

I have much more control.

@Paul De Luca@John Warren would know the ins and outs of what you can and can't do

Quality control on the property

You’re in a solid location already being based in Malvern, but if you’re looking at 2–4 unit investments nearby, there are definitely some suburban pockets that tend to fly under the radar.In Delaware County, places like Upper Darby, Yeadon, and Darby tend to offer a decent blend of affordability and rental demand, especially for small multis.

@Paul De Luca I appreciate the insight and the help.the agent is my agent and not the listing agent.I do review the financials, some of the rent rolls have expired and are only  on a 1 year term.

Quote from @Maurice De Vidts: Any recent data on short sales?