I'm not a big fan of one beds, and the commercial has to be underwritten at higher cap rate than the commercial.Historic sounds like a lot of deferred maintenance.

In North Platte a $300,000 home will have a monthly payment of $2,500 or more, and you will be responsible for maintenance.

Currently yielding monthly cash flow of $1,250 ($900 after all projected vacancy & maintenance budget).

Bonus points if it also is great for maintenance requests and managing current tenant communications.

But since we put plans in place for maintenance reserves, we have those funds set aside and while still painful, at least it is not financially impossible for me to cover something like that.  

I have a brand new product at the end and I should have less cost in the way of maintenance. 

. • Creation and maintenance of a list of all units/owners approved for leasing. • Creation and maintenance of a leasing waiting list for homeowners requesting to lease their units. • Creation and maintenance of a list of tenants' names and contact information. • Inclusion of tenants in the association website with "renter" level access. • Inclusion of tenants in the violation system, including sending notices to them when needed. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

My investment strategy focuses on long-term, low-maintenance SFRs in high-demand areas, aiming for cash flow rates above 7%.The market dynamics can vary significantly from state to state, and even from block to block within a city.

And if that is just with PITI, you are likely losing money after maintenance & Capex.  

If you have a BAD tenant experience on this property as a rental and lose several months of rent and incur substantial tenant damage that is all coming out of pocket whereas if you had even a handful of rentals the performing rentals and the monies budgeted for capex/maintenance/vacancy will carry that sort of loss.