Look at what your competition is doing and price comparably.

I've looked in Southern Maine and regionally and yes our prices are depressed comparatively but it still might not be a "deal."

The house is not in my ideal neighborhood but with the initial numbers it would be worth buying.So more important question is if I want to deal with "average deal" house in this neghborhood compared to "great deal" house as it initially was.I guess I have some thinking to do too. :-)

Interest rates would be comparable to a primary residence mortgage.You can find some smaller or regional banks that would lend to an LLC but I’ve found the interest rates to be at least 1.0% higher than conventional.

That means you establish a Traditional LLC to carry out the operations of your investments, in order to separate the liability from your assets, including: paying property management, paying contractors, collecting rent, marketing, etc. 

I think you'll find that lenders can be dramatically different from one another, especially when comparing national banks to local banks and credit unions.I would say visit a couple more banks, be forthcoming with your situation, and see what they say.

I do a lot of other things for this company not related to my professional psychology services as well, for example i’m in charge of marketing for the company as just one of my duties but I don’t really get traditionally “compensated” for that role.

Do the current tenants traditionally pay the rents on time?  

We are looking at the BRRRR method and tradition buy and hold options as our primary strategies.

I compared the rent to other townhouses in the area, there are some going from $800-1200. yes, the house did build equity.