Thanks so much for the well received advice, you make a Great Point!

I received notice yesterday that effective 4/1/2018, wired interconnected smoke and CO alarms are not required on all levels (including accessible attic) in Baltimore County.

I received an offer for $160k and need to counter.

I received a tip from an agent friend that knew it was coming to market, so I ran my numbers, prepared my cash offer with no DD and a fast closing, EM, and POFs, and submitted it the day it listed (yes, I had to pull my MIL's $$ a precious week early to do this).

NOTE:  I have not received ANY form of compensation for this post.  

I will warn you, if you purchase in Deptford, pay close attention to the CO requirements.

I have received owner financing from sellers around the 5% range (but less money down).

But the rent I'm receiving fits my model, and the family can live their lives and not be upended.

The return was high that many retired doctors and professionals enjoyed the high interests received to live on. 

Assuming this property is not a dog house in a war zone you will need to shell out significant cash to buy it and you will receive the same rent  as a leveraged property.