I think there is a great chance to get some long term investments in areas where the growth is not happening yet or just starting to happen.

Not all homes are great long term rentals! 

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).

It is a very long term investment but would sell for insane profits C.

I have looked into the Pittsburgh market and have been there before, but just once for a short trip.

Are you asking in terms of lending?

As a long-term hold investor, I see this property as -$600/mo to -$800/mo depending on whether you use a PM or not.

While the prices are attractive, I'm concerned with its long term viability.

And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

Even professionals “short cut” the process and invest without almost any research.