You may also find certain markets where alternative rent strategies (MTR, STR, rent by room, etc) produce enough extra income to justify the increased work involved but the difference in income from the different rent strategies in many markets is just sufficient to justify the increase in effort involved.$100k is going to be challenging in coastal CA cities.  

It shows the properties in this neighborhood range from 22K-70K, which would make this property 17% above the high end of the market.The projected renal income also seems to be a bit high, but if the property really is at the top end of the market (like the pricing would suggest) this might be accurate.If you assume the above rental estimate is accurate that would take this property from being above the 1% rule to below.Overall I get that on a listing you would want to be aggressive, but the price seems very aggressive. 

Ultimately I'm looking for a cohort of people with a wide range of experience in real estate. 

@Anthony Vander Meer$400 off is a lot in that price range.

I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high.

We could target homes more in the $300k - $325k range. 

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

Stick with Mortgage note syndication returns of 9-12 range out of the gate and enjoy the annuity.  

You can get some great cash flowing duplexes for that price range in Dayton, Ohio. 

Well I wanted to buy a home and that was the only thing I found within my price range How did you find this deal and how did you negotiate it?