Seller has their purchase docs but they don't say anything about the number of rooms.

Should take the opportunity and ask the bank to renegotiate the purchase price at a deep discount? 

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).

My Crypto.com debit card offers 8% back on all purchases, which can easily add up to very, very large sums of money. 

If you have a specific term contract with the PM with no early termination clause, then it would be a breach of contract to terminate early without good cause (i.e. the PM materially violated the agreement).

I was wondering if purchasing a rental property in the city is a good idea right now.

Purchase price: $150,000 Cash invested: $75,000 3 family.

As for asking tenants to get renters insurance I'd strongly recommend adding that to future lease agreements and requiring proof of coverage.

Ideally, try to save as much as you can and keep expenses down while you go through the process of purchasing the property. 

I am thinking about purchasing a turnkey property from padsplit and the property is currently being managed by "Two Keys".