If you added in the cash you should have to protect against contingencies, the actual return goes down (or the risk sykrockets, your choice)- If the $300K properties cashflow, definitely a better bet. 

It wasn’t on the market but was perfect for a long-term rental strategy.Legislation Impacts. 

@Samuel Gebretnsae You have two choices. 1) Walk away and leave your money on the table. 2) Go ahead with the deal and take a leap of faith that the repair was done correctly.

Ultimately, shared laundry works just fine in our multi's - sometimes you just have no choice.2.

I had a wild old man call me one time when I first started sending out yellow letters asking me why I wanted to buy his house when I live in a perfectly fine house.  

Two things:First, it would be the ruin of a perfectly good country.  

The garden unit tenants stopped paying rent, and I had no choice but to start the eviction process, which is still ongoing.

Quote from @Jonathan Greene: Quote from @Joe Villeneuve: Jonathan makes perfect sense. 

I hear everyone though, buying a home for STR is the next step and it is the better choice.

If you want more time, REITs and stocks are perfect for you.