LOLYou didn't share what type of investment property you will be purchasing.Little residential houses do not blend well with lenders or insurers.  

It could just be some lipstick on a pig and you still have a number of uncovered issues.Happy Investing!

I buy properties with at least blended rents of 650/unit.

@Steve Kehoe You might want to blend in networking with reading to get to your goal.

For right now, I can tell that you still need to uncover more details about how to invest, and how to ANALYZE WHAT IS A GOOD DEAL AND WHAT IS A BAD DEAL, AND EVERYTHING IN BETWEEN.

The home inspection should uncover any sins the property may be hiding.  

If you uncover that answer, it may shed some light on the investment (maybe it's good info and it satisfies my skeptical approach)I have found the biggest three seller motivations (with landlords) are:1) Tenants are subpar and current owner is tired of managing (in this, you're inheriting headaches, eviction, and much higher repair costs than you expect). 2)  An estate took over and just wants to get it gone (in which case there is probably a back balance owed that needs to be flushed out along with a general lack of property knowledge). 3)  My personal favorite: the Owner bought via tax sale deed (and therefore does not want to be a landlord, just wants his investment + reasonable return).If everything checks out, it sounds like a great deal bud.  

If not, is it even a realistic blended average rent over the next 8 years and can you afford to carry a loss on it for a few years?

This is the best grass growing time , I wouldnt sod , I would seed and straw , use a blend high in rye .

Pro's:- you know what you want, what to ask, where you want to buy,  and the average buyer agents who are not pro Airbnb specialists just do not know how or what to ask as good as you do, they can sometimes get in the way, I get it- you could potentially negotiate a reduction in sales price based upon the amount of the buyer agent commission, - the listing agent could work harder to put the transacation together because they are hogging the entire commission, - seller agents know the motivations of the sellers and you may be more successful uncovering motivation, or seller structuring it to work for both sides more effectively than buyer agent- the closest distance between two points is a straight line, we usually get better results dealing direct as experienced buyers, unless you have a superstar buyer agentCon's: - the listing agent commitment and fiduciary responsibility started with the seller, will they now all of sudden become truly nuetral as transaction broker?