What does a “clear answer” on property tax mean here: confirmation that payments are current, clarity on the assessed amount, or certainty about the buyer’s future annual cost? Those are different issues. If the answer is vague, I’d resolve it before debating price because an apparent discount...
I disagree slightly with dismissing it solely because 3.6% looks thin. The real comparison is the verified net return against your alternatives, after tax and financing, plus whatever value you place on liquidity and concentration risk.
Still, the rent needs to carry the valuation. Run at least...
How much is actually known about the concealed plumbing and wiring? “Electrical checks” could mean basic testing or could lead to replacing circuits and opening ceilings. I’d ask for the distribution board, outlets, wet-area wiring and accessible junctions to be inspected before pricing is...