If they type it up on a standard state Realtor® Association form you will probably be fine, but still read through it carefully.

If you do that, you'll always be fine. 

If you can build out a win-win scenario that maths right, for you and the other person, you should be fine.

One should be fine if its big enough but you're definitely best off listing with a realtor to open up to a much wider audience via the MLS.

My realtor is changing her tune and thinking we should go live on the MLS as she is seeing activity on people fleeing NYC (I’m in northern NJ).

we would need more information, do you pay utilities, how old is the house, taxes, insurance and so on. if you are going to house hack i think you got your self a great deal, on paper it looks like you only get 3k off asking but if buyer is bring all closing then you really actually got it for a lot less some thing alot of people seem to miss in my opinion. i just closed on a deal in march i got seller to come down on asking price but also had him pay almost 11k in closing. that is money i can turn around in invest into the property. closing on 190k is probably around 5kish. the other way i see it is at 2.7 interest rate thats like free money. you may not have gotten a steal of a deal but hey our first deals never are. also your Cash on cash return is that high because you arnt putting much down and you arnt paying closing so yes those number probably are right. just remember that cash on cash is on what you put in. i you put in $100 and got $50 you get 50% percent looks great but 50 bucks isnt much.with all that being said you are house hacking so the deal will be just fine.

They’ve all been fine except for 1, even with a rent increase.

@Jacob GravesNo, that’s fine as long as you attain the property.

It's unlikely you will ever successfully get sued for more than 1m, so you should be more than fine with a simple $200/yr, 1million insurance policy.

@Austin KelpisYou’ll be fine, there is no losing in your first purchase.