Also management fee of 10 percent high I would push to 5 to 7 percent.

Will always beat the 1 percent rule.

@James Ashley - agreed, and no one really knows what's going to happen in a few months from now, since there hasn't been a pandemic of this proportion during any of our lifetimes. 

@Sasha JosephsThere should be a lifetime gift limit of $1M (it maybe more now)Another way to help yourself is ton”season” the funds.

My advice comes from an entrepreneur who has failed (more than once) and from a real estate investor who across his lifetime of investing, made enough mistakes to have a pretty good handle on how to avoid them.  

On the other hand, almost every offer price I see brings a cash on cash return in the 6 to 8 percent range. 

I'd still get title insurance though...I'd wonder why they are selling it for less than they paid and still below market rate.Maybe the 2019 sell was a foreclosure and the neighborhood changed and now it is not worth as much.Maybe the house was in a fire or mold infested, or a meth lab--something that has major rehab costs, so it is worth less than the neighboring properties.Maybe the sell is just a scam.I'd wonder though if there is some sort of issue with the occupant--lifetime estate--big bad boys with guns and not afraid of using them--the local Sherriff's kid--one that will burn the place before they move--unusual deaths in the house--something.There is a reason for the low price. 

Also, if a property is being bought non-owner occupied due to OOS, what is the average percent of the loan?

Once you get a motivated seller run the 70 percent rule, if your not sure what that is it's (ARV *.70 - Repair - Assignment Fee).

I am looking at financing a home purchase with a physician's loan which has special terms including zero percent down for financing.