I dont know any lender that would even remotely entertain this. 

Convert a garage into a movie theatre or game room to maximize entertainment options.

With four spacious bedrooms, three full bathrooms, and an inviting backyard, it's perfect for both relaxation and entertaining.

With four spacious bedrooms, three full bathrooms, and an inviting backyard, it's perfect for both relaxation and entertaining.

Should I just not entertain any property that was listed?

A 12 x 15 bedroom can easily fit four kids in bunk beds or two teens/adults, whereas a 10 x 8 room would be really tight.

guests=1&adults=1&s=67&unique_share_id=afcc8052-e83c-4179-b494-31b83827bedd What made you interested in investing in this type of deal?

High level $200k for a $36k gross return is a low yield..however I think there are a few variables..with 35% down you should be able to get stronger lending terms, if the seller is workable you could entertain a concession towards a rate buy down for lower obligations, possibility to look at shorter duration (ARM) loans if you only intend to own 3-5 years which could also offer a lower rate.

On top of that, families have privacy, places to eat together and gather, plus entertainment options right in the home (pools and game rooms). 

sorry to say it but there is nothing dishonest to engage in a conversation with an Agent that has a house on market since 200 days and offer to buy at a lower offer price - seller they believe owns the Taj Mahal and expecially after pandemic they raise asking price way too high - once again, guys we are entertaining a conversation with a seller and if the house is on market since 200 days, guess what, I believe the agent and the seller maybe a bit motivated, or what?