That seems like a lower demand area than any place I would ever invest.   

Now I agree the 4 will cash flow better than one will but I also look at it from risk of 4 properties will have higher maintenance costs and lower priced properties tend not to appreciate as well as a higher value assetI am also in it for long game and managing one is easier than 4

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

I have lower-end property in a small town.

First time that I am actually glad that I have to go commercial - rates are actually lower.

Some assets can be valued significantly lower than their actual worth because of illiquidity and other factors.

It is incorrect, but it will also lower your value!

There are some options at lower deductibles but trust me you will pay for it!

The buyer can obtain a property with no mortgage qualifying and or a lower than current interest rate, or on terms not readily available otherwise.  

They may tell you a certain % but then if you offer significantly lower they might change or retract that number.