Thanks for the responses,Aaron, will definitely check out the math.Jaron, no I personally haven't visited the property but hired an inspector. 

Report the dogs and the property to your local building inspector and animal control officer.They should be responsible for the fence not you.

The government agency sent in a lead inspector, who wrote a long report detailing where he found lead paint, and where he "assumes" there to be lead.

If all your questions are answered positively, I would still have a contingency clause in the purchase agreement that would allow you to "walk away" without any penalty that is financial and before I closed I would hire a professional and experienced Inspector that would make you aware of any possible negative/unexpected things that he discovered.I would not buy a single family house for rental unless it was used as a "house hacking" loan that I felt pretty good about qualifying for it.There is only a couple reasons that could make it OK to purchase. 

Also, a home inspector?

Went to college for architecture and have worked in my professional life as a building inspector, insurance underwriter, and actuary, and I lived in a 2-fam and had two more 2-fams in my hometown of Buffalo, NY, and sold those when I got a job offer and moved to New Orleans, LA. 

I don't recall an inspector being present but I wasn't around for the entire project.This was recent roughly 2 weeks ago.

He takes the lowest possible rent from the past 5 years and uses that on top of his trusted contractors and inspectors opinions on how much repairs and maintenance will be.

In a nutshell, each time a tenant moves in (water service request triggers it), a city inspector comes out and inspects your property. 

Being an engineer, I felt confident in all my structure reapirs and worked with my local building inspectors.