IE the Uni-bomber.Does no one agree that an increase of nurture and teaching of values to the younger generation would be better then just pure punishment?

Such plans are purely a way to diversify your tax-sheltered retirement savings into non-conventional assets such as real estate, private mortgages, Bitcoin, etc. 

Beyond that, obviously you'll want to more deeply dig into the expenses, taxes, condition, etc, but based purely on the ration of rents to purchase price, it sounds like a deal worth looking further into.  

Sounds like you have set it up as a purely pass through entity.You'll want to make sure that it is setup properly if you are using it in a self-directed 401K.

This is purely opinion, and I probably shouldn't even venture an opinion on this...but first, you are assuming the lender will forgive the deficiency, as opposed to pursuing you for it.

Surround yourself with real experts who understand how to assess both new and old properties (do NOT rely purely on your inspector for this).

From a pure numbers perspective the cost of the home isn’t priced well below what comparable homes are going for.

There is only one source for lists that is reliable because every other list I've seen is a pure waste of time and money.

The one's that try to push you around for wanting to use a 203k loan are often the most misinformed or just pure lazy and looking for the lowest hanging fruit and a resistance free transaction.

People that would build these for a primary residence or second home would have different options than pure investment property financing.