Eh, Marginal deal but place looks good and might be a good investment if you can get the price reduced down .

If you are flexible enough to allow a little more time you will reduce the chance of damage to walls and woodwork (happens when people try to move things too quickly) and increase the chance of the place being left at least empty and broom clean.I would trust but verify. 

Now that you work for yourself, you need to make estimated tax payments based on the income that you earn.

Reduce your price. 

There are guidelines for this like reduced loan to value, but 10 per individual is the rule (not that all banks/lenders follow this rule; some have overlays and cap their number of mortgaged properties allowed at 4).Long story short, in order to get bank financing, you'll have to refinance and get your wife off of the loans to free up the multiple property guideline for her. 

And to reduce risk you need to scale up to as many properties as you can as fast as you can.  

The least is whatever you're willing to accept for your time and energy.For example, let's say I'm selling a rental deal to a buy-and-hold investor, and I determine that they will earn a very appealing 11% cash-on-cash return (CoCR) if they can buy the deal from me for $70K.

It is the investor who reduces the cash flow on a property by leveraging debt against the property.

You might even have some friends or relatives who have cash sitting in a money market account earning less than 1% interest, if you offer them 6% secured by real property that could be a win-win for both of you. 

I'm the investor in our family: my husband earns money and my goal is to multiply it.