Thanks, Victor.I have met the people in person, and it's a fairly large, established lender operating in multiple states. 

I also often see local businesses selling their business and locations on facebook fairly often, atleast in my area.

Is it fairly priced for the size, location, quality, and other factors?

I have stayed fairly local.

As far as self managing, it’s fairly easy.

Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.

It's lower than 1.5%, sometimes I price deals out conventional & DSCR, DSCR beats conventional pricing a fair amount of the time.The only catch is the prepayment penalty on a DSCR loan.

So 1/4 seems fair. 

What is advantageous is someone that is good at underwriting and unbiased (only analyzes the deal based on the underwriting without other emotions).Note i have a fair amount of experience and plan to place a competitive offer tomorrow that the underwriting dictates not placing a competitive offer.  

In college areas there are a fair number of rooms for rent and they hook up with peers for house rentals.