Someone I know who will be able to make that quick of a decision within specific price ranges.

Price ranges were good between $210K to $285K for properties that were in good condition but could use a little TLC/renovation.

Longevity in the property is where the reality comes into play.If you have a resident renting for 12 months and they pay the whole amount but move out, you will have to repair the property back to that top-of-the-market $800 range to be competitive.

Many of their homes are within the $200-400k range, great for investors just starting out in the U.S.

You will likely be asked about your price range, home type, area, etc.

I have a very good cash flow first rental and looking for possibly adding a second rental however most homes near me are 400-500k range Gilbert Chandler area and that’s the area I most likely want to invest in.

As it is we both have a strong desire to buy a SFH for ourselves but currently house hacking is a better solution because that other rent is paying our taxes and water and sewer bills and for some mid range priced renovations to the property.

The definition of "average" can range from one extreme to another. 

If the numbers are not in a reasonable range and you have not had MOST of your major questions answered maybe it's not the right deal.

Although, Redfin estimates this property in the range of 269K to 320K so seems to be on the higher end of the bargain.