@Srikant PuvvadaI wish I could answer this question directly, but cap rates are highly dependent on the market and asset type.

It's not in a neighborhood that I would invest in for a rental and the market doesn't look that great for a flip. 

https://www.biggerpockets.com/blog/best-college-markets-for-...We cover this and more in our weekly BiggerStays newsletter, which is for all things STR.

If you do, then you can sign a new lease at market rate with pet rent, deposit changes, etc.

This is where the BP virtual community comes alive so its great that you're putting yourself out there.When comparing househack options in multiple markets, I'd recommend using @Jon Schwartz's househack calculator. 

-where is the best place to find deals online?

My company has discovered a niche and under valued market in Cape Breton, Nova Scotia.

You don't need to have an agent (although that would be great, but it's not a good use of their time until you are pre-approved and ready) because there are Open Houses every weekend in every market.

The short term market is seasonal.

The purchase doesn't make sense from you posted because it's being marketed as a done unit with lodge vibes.