. - If I were to find some creative renter solution and low-ball the market rent at $1700, I could only put in about $180K total assuming a conventional mortgage to generate acceptable cash flow.So, apart from increasing rent and managing the property myself what are ways that I could make something like this work?

Section 8 rents for the entire country by locality are on the HUD website, HUDuser.org look for Fair Market Rent (FMR) there. 

For anyone that hasn't used Doorvest, it's a simple website where you put a $1000 deposit and they send you curated list of houses they buy that need renovation, renovate, and then tell you a final purchase price along with guaranteeing things such as first year rent will be 100% covered by them even if they don't find tenants.

@Tanya MaslachWhy is the seller going to accept your offer for 100k under asking? 

I found your website, LinkedIn, and facebook page.

For example, in your area are there no assisted livings that will accept Medicaid, Blue Cross Blue Shield, etc.?

.-- If you're the lessee (and not the deed holder / owner): COH will require written consent by the owner to the use of their property as a        STR and to accept liability for taxes if the STR operator does not adequately remit Hotel Occupancy Taxes (HOT) as per local                         regulations. laws—a responsibility most owners will be reluctant to accept.-- Expect a grace period of two months once the new regulations are enacted into law.

Also what platform(s) are you using to create and host your website (wix, wordpress, squarespace, etc)?

Don't listen to your agent at all, go on rentometer, airDNA, and other websites to help you make an educated decision on how your property will rent.

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