I work 40-50 hrs a week out of town so going by the courthouse every week for numbers isn't feasible and the assessors website doesn't have much information about the properties.

Asking price..850,000GR.....75,600...No vacancy added 10% for vacancy....75600-7560=68,040Expenses...26,879.15...not showing management....Insurance......Gas 
Took 50% of adjusted gross income 
Which equaled..34,020 The cap rate with the price of 850,000 and NOI of 48,721 = 5.7%.

My plan is to wait 30 weeks and put in $50  of saving.

Right now I am managing mostly Multi-family, but I am just under 50 doors.

Two: I feel as though I should be running the numbers like the 70% rule starting from their listed price...

However to keep order here we have some clear rules that must be followed.

However, I think I could simply rent out the other two rooms for about 600-650 a month to individual renters, so while the property isn't hitting the 1% rule, it does seem to make sense from a house hacking perspective.

I think there is an unsaid rule about accepting like applicants in a 'first come first serve' basis, but this only for applicants which are exactly similar and it really is just a guideline not really a law or rule.

I estimate it will take .50% to .75% in rate increase on typical cases to absorb this.

If you go to 50-60% LTV you might get 5-6%.