Good luck with it I am sure you will do very well since your experience is at both ends being a flipper and a lender. 

Reasoning for asking this is that it could potentially be a beneficial long play on acquiring a property through assumption, and as we go down in interest rates, utilize this monetary benefit to refi as it comes at a mere .5%.

And as well as that, ask around like you are now!

If you are not selling it then put a “not for sale” sign on it and a no trespassing sign.

The townhouse we are looking at has a Certificate of No Harassment in place, open violations and a vacate order.

With many heirs and a 50-year history, you have no idea what skeletons could be hiding in the closets.

Private inspections are generally not mandatory and a good agent could review each situation with you.

Some damage from WDI, which seller will have to address this before close.Seller is paying all closing costs, survey & title, they did a rate buy down to 5.49%, and a year warranty. 

Personally I don’t like being cash flow negative on properties, but I guess if you have an amazing W2 and a good reserve account and the new property is going to cash flow really well then maybe consider it.

However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).