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I can only afford house by freeway

I’ve been eyeing this house by freeway. It started at 1.7m and now down to 1.4m.

I noticed they tried to rent it out and no one wanted it after 2 months (for 7k / m rent). The location is perfect for me and house plan.

I was thinking of offering 1.2m

How bad of an investment would This be since no one even wanted to rent it for 2 months (In a desirable area). This isn’t. A forever home for me. Just a 1-5 year and then Hope to rent it out / sell it it has increased in value?

submitted by /u/valleygirl2023
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source https://www.reddit.com/r/RealEstate/comments/1c22k7k/i_can_only_afford_house_by_freeway/
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