Broker Challenge: Find me a $1M+ House - 7-8% Rental Yield

[Account Closed]

Hey everyone,

Looking to buy LTR in the US. Cash in hand and also pre-approved if I go financing route. 

Please keep in mind, anything that is sent to me will go through extensive checks via different resources I have, so please let's be practical and realistic about everything. 

Let me know if the below exists today:

Dos

Must be ~A neighborhood, and I hope to be one of the less expensive houses in the neighborhood

Open to renovation - Rather have turn key

Minimum 1M, ideally 1.25-1.5M

Must be off market deal under inflated market

Do nots

No STR / AirBNB based asset - Don't tell me that the asset will make 7% if I AirBNB it

Not in vacation markets!

Not in a market that has appreciated 50% in the last 24 months

Not Multi-Family or Condo

Please do not BS me with comps of different neighborhoods and hypothetical rental yield that based on what the mansion on the beach rented for 2 years ago or what it has been doing on AirBNB.

Only things that can easily be compd to long term rentals

Ready to pull the trigger on a deal, please don't waste my time and I promise I won't waste yours

Below are examples of price to rent I am looking for:

Home price - Rental price

1M - $7,000 / month

1.1M - $8,000 / month

1.2M - $9,000 / month

1.35M - $10,000 / month

1.45M - $10,500 / month

1.55M - $11,000 / month