Wholesaler lurkers, if you need transactional financing because your end-buyer is getting Agency financing, a good transactional lender will let you know how it will play out up-front, and not give you a 156% APR "surprise!"

Baltimore City has had a number of programs over the years regarding grants, tax incentives and programs to purchase distressed property.Some of the incentive programs are not that well publicized so play around with Google searches.

In my opinion that is no different than playing the stock market, which most of my investments currently occupy.  

The landlord has played pass the parcel with these tenants and now they are yours. 

The state is working hard to put an end to the unlicensed brokers and the games they play.

While the property still performs well enough without a RUBS, the cost of water never seems to go down so that has me concerned I've missed the boat (no pun intended) and will always be playing catch up.

@Taylor Kennison  DTI doesn't come into play on most commercial financing.  

I'm not sure where you're looking, but location in NH definitely plays a factor in affordability and feasibility for house-hacking. 

However, at this point your CoC becomes infinite as you have no longer any cash in this deal.That's how this game is supposed to be played.

Then, let's play with the offer price until it makes the most sense.