Get a Foundation Contractor or an old General Contractor to give it a look too.Based on what you're showing us here and no other info, I'd say pass.

Matthew,Great deal and info here.

As an agent and investor I see a lot of newer investors make the same mistake:They saved up some cash and want to immediately buy an investment.

Okay I appreciate your info.

I found this deal through a local investor I met at my W2 job and I was able to save money because he was able to sell for less because we did not use a realtor.

The idea is to sell and put the $200k in a high yield savings account and then when the rates go down a bit more buy two properties.

It's a bit lower than what you were getting, but it could save you the hassle of finding a new tenant and dealing with potential vacancy periods.

An info graphic about private money lending that may be useful. 

I am getting some info from our CPA is my assumptions on the taxes are correct.

. - COCR isn't as applicable with househacking because of my first bullet point & because it doesn't factor in that you're also saving on your personal cost of living. many investors shoot for 10%+ COCR with a traditional rental property that they're not househacking.