But if this is an unlisted FSBO home, one which I don't know the profile of (# beds/baths, etc), would the move then be to call the owner back with an offer after calculating it? 

Agree, the house is located in a good area (Rose City Neighborhood) between downtown and the airport.The house is a remodeled house 3 bed/2bath with a detached ADU, The one thing that worries me is the fact that at some point appreciation will slow down compared to other markets with faster appreciation that can use that money to for a long hold.So far the intention is to invest in distressed SFR to rehab and rent out, however, I like the idea of new construction and that option will require more capital.

Purchase price: $325,000 Cash invested: $1,000 4 bed, 2 full/2 half bath townhouse built in 2014.

I am considering buying one property (3 Bed/Bath) since I am starting out with low capital for an FHA (3.5) - Will buy "as-is" to get better approval odds and avoid the 203K loan. 

Here are the numbers.2 bed/ 2 bath 1,100 sq ft.Purchased the condo 10 years ago:$128,500 (currently owe $97,000)Current estimate: $215,000Mortgage (P&I): $550/moTaxes: $55/moHOA: $220/moRent Estimate: $1,400/moThis would become our first investment property if we keep it as a rental.

Building #1 Single family one bed one bath small house.

She was showing a house that I wanted to flip but it was 419K, 7 beds 4 bath, in a good neighborhood but it was a big step for my first deal so I didn't jump.

Houses with similar Sq footage are 100k - 130k (but most have 3 beds). 

I own about 140 properties, but I live in a commercial building built in 1904 with my wife and two children, My two kids live in offices and my wife and I have a bed in the middle of the main entrance room.

It does not appear to be D, war zone.