Great that a typo got you rolling on the options you have!
plus, sounds like you have the time to wait before you pounce! Keep researching the market, have your paperwork in order ready to fire.
and then, trust your numbers.
If you crunch the numbers, conservatively/conservative side of reality, and can get a solid 1.5% deal with no downside on valuation (you have some solid numbers on after reno value, on rental value, on taxes and insurance, etc), then pull that trigger!
Remember, if its such a good deal it may not last more than a few days or even hours... so find a good realtor who's willing to work with you (be nice, they hate tire kickers), tell them what you're looking for, and good luck!