I literally can't get any listing agent to call me back.      

When I advertise a deleaded unit I literally can't even read all of the responses.

Definitely very high for owner occupancy by me. a friend of mine literally just locked in at 3.5 on a 20 year yesterday.Of course it depends on your credit, etc.

." - HILARIOUS- I literally LOLed!!!

I've been almost literally had this going through my mind too.

Literally every multifamily property or motel was a 20-25cap.

I am literally feeling ill stressing over this.  

If you uncover that answer, it may shed some light on the investment (maybe it's good info and it satisfies my skeptical approach)I have found the biggest three seller motivations (with landlords) are:1) Tenants are subpar and current owner is tired of managing (in this, you're inheriting headaches, eviction, and much higher repair costs than you expect). 2)  An estate took over and just wants to get it gone (in which case there is probably a back balance owed that needs to be flushed out along with a general lack of property knowledge). 3)  My personal favorite: the Owner bought via tax sale deed (and therefore does not want to be a landlord, just wants his investment + reasonable return).If everything checks out, it sounds like a great deal bud.  

Insurance is literally "IN CASE **** HAPPENS" if the negative event where likely, they wouldn't even sell you insurance.

This causes the gutters to clog literally daily.