I would just make sure the $254k is conservative and below any other active property in the area.Even if it doesn't pass a 4-point inspection, you could still make it work depending on what needs to be replaced.

I have an applicant who has a Conservator who handles all of their finances.

Consider other funding alternatives, be conservative with rent predictions, and be adaptable.

Where did you get (besides Chatgpt which is where your post was written) that conservatively real estate could more than double compared to retirement funds?

I like to think of myself as more of an investor than an agent and I like to treat my clients the same way I run my own numbers (which is extremely conservative, I like to sleep at night).

Syndicators are "being conservative" and underwriting to 2-5% year 1 cash on cash returns.  

in the 7's conservatively 

If your rent exceeds 1% which seems to be the case here, 50% rule is conservative but it provides a quick estimate.  

Hi Craig,I'd recommend Bank of Hawaii - it is the largest bank on the islands, and have a long traditional of being a solid, conservative bank.  

Let's say you want to stay conservative and only take 50% LTV, or $500,000.00, so that you don't have to sell anything in case of a market correction and there's a margin call.Step 2:  Purchase a rental property, all-cash, with that $500,000.