Did you plan to rent this or live-in flip with the intent to sell?

@Sean Dillon figure out how to buy a 2-4 unit with FHA loan.Then rent at least one of the units long-term for stable cashflow.Try STR in another unit as well as the other bedrooms in the unit you live in.You may even consider living in the basement, attic or worse unit in the building to rent everything else out and max cashflow. 

Prior to viewing with clients, I am usually have an idea of the general area, vacany rates, market rents, and property types that suitable for LTR.

Might be a diamond on the rough if you can fix it up and then long-term rent.

(If you have not already) read enough books on real estate to increase your knowledge base.

We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

Quote from @Dena Sommers: I own a home that is too large to rent - no demand. 

I will finish the basement and rent out for about 1800 a month to minimize monthly mortgage

Purchase price: $225,000 Cash invested: $60,000 4 unit Brick. 2 BR 1 Bath units rent for $725.