Absolutely terrible choice for a rental.

Terrible ROI unless speculating on market appreciation.Just wanted to chime in since this thread has been so helpful and broad!

It "feels" terrible when somebody takes your offer, especially immediately. 

It seems to me that the large usage of land with very little return is a terrible investment in general.

However, I don't know that they are terribly savvy on THIS sort of thing.

I feel like so many things sound interesting that I can't settle on the right strategy that applies to our specific situation, so am turning it over to the forum for some "what would you do" opinions:Our situation:Excluding money that we won't touch in retirement accounts and emergency savings reserves, we have access to a decent amount of capital which could potentially be utilized for RE investing, including:$150k cash $450k equity in primary residence ($500k balance @3.4% that will be paid off in 15 years)$250k equity in SFH rental (our only current investment property that cash flows $300/mo) - $300k balance @3.6% that will be paid off in 25 years)$500k in stocks/bonds in actively managed brokerage accountAlso I am an accredited investor, if that opens up certain unique opportunities.I am looking to generate passive cash flow income from RE investments of $10k/month within 5 years and $20k/mo within 10 years, and am looking for the lowest risk and most "hands off" strategies to achieve those goals, as I still work full time (for now).I am currently living in the Seattle area which is way too overheated and I believe is approaching a peak, meaning local SFH investing is not very attractive to me due to the terrible cap rates / rent:value ratios.

I have been out touring properties in the Woodlawn area, which is according to the statistics a terribly unsafe area but I was very surprised at how nice everything was.  

We had a family condo in Hilton Head and after years of disappointing (but not terrible) results with the rental management company we decided to try Airbnb.  

The only other structural change we made was to open up the entry into the kitchen and family room, there was a terrible package of walls and corners that made it super tight to view into and enter the family area. 

I don't think he is getting anywhere near an adequate return and it is a terrible deal.Why is that?