Even with 10% down you’re “hoping” that’s all you lose if it all goes wrong. 

If you find something wrong with the property after you have an inspection, this is the point where you can negotiate the price or have the seller fix the problem.

Unless you prefer an active job and happy to gain the savings in return - nothing wrong with this. 

I don't think there is a right or wrong here.  

When something goes wrong (like HVAC) do they have the money to get up and going again or have you just lost your business and all your effort cohosting a property that isn't well maintained?

What's wrong with upstate NY, for example?

Nothing wrong with only a couple of properties that print money.Side note: I was a mech Engineer in Winnipeg before I switched to being a Realtor and I was making $73k as an EIT so you should definitely be getting paid more.

Quote from @Malcolm Brown: @Jaycee Greene That's one of the towns that does not fit into my criteria.ThanksRight county, wrong town?

On another note, just because your offer isn't close, as you said in your narrative, doesn't mean you're wrong with your offer price.

A wrong decision is costly.