Personal SFHs rarely ever are good investments.Sell now while markets are high, value will not last forever.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Louis would be two of the larger cities and there are a number of smaller rust belt cities also.  

Well, you really CAN'T EVER KNOW.

This is potentially the last funding you'll ever need, if you know how to use it. 

Once you get over a certain amount of capital it becomes hard to effectively allocate it.If you don't run into that with 1mil, you will as you keep progressing.I think you owe it to the family to speak honestly to that.That's the reason most large institutional investors have a hard time in the SFH world and focus on larger, lower cap rate investments.

@Bharath Danda Did you ever buy this property?

The larger the holdback and penalty the more motivation the seller will have to vacate.

@Michaela G. maybe a little of both as who would ever thing West End homes would easily sell for $300k+.

Your education has also prepared you to analyze cycles and this point in the market is not an easy entry for passive investors not willing to be a small part of a much larger endeavor.In your case I'd be looking to real estate more as a tax hedge that will build substantial cash flow over time while delivering substantial depreciation and tax benefits from day one.