Good points. I haven’t treated the 8.4% as spendable return, but I was still using estimated tax and insurance rather than address-specific figures. Financing is not finalized, so I’ll compare an all-cash case with several borrowing-cost scenarios instead of relying on one payment.
I’ll also...
The projected rent makes this look attractive at first, but I am not convinced the spread survives ordinary ownership costs. This is a three-bedroom coastal home in Seattle priced at $170,000, with estimated rent of $1,188 per month. That is roughly an 8.4% gross yield before expenses.
Once...
I would not demand the entire ownership file in the first exchange. Use staged verification: basic property facts, authority to communicate, viewing, then relevant documents through an appropriate channel. That protects privacy while preserving your requirement for clear ownership before commitment.