Jaylan,My first bit of advice: Sit down with the most experienced broker in your office (often the oldest).

I'm sure it won't sit on the market for long :)

I'd highly suggest working on Real Estate as a side hustle until you're losing money sitting in "jail". 

Guess it's more of a vent but is it time so sit on the sideline for a while and see if the market corrects?

Since the appraisal was low, the mortgage couldn't be for the amount we'd hoped, but. . .that meant a lower mortgage payment which freed up additional cashflow to cover our HELOC payment.Our plan, if needed, is to use the personal line of credit (now sitting at $0) to zero out the HELOC and then turn around to use the HELOC as our verified funds if we need another down payment for a residential mortgage.Final Advice: Just make sure you have a contingency plan.  

Next week I plan to go see a Multi-Unit in that area with my agent and the following week I plan to sit down with a Mortgage Loan Officer and see exactly how much money I need for the deal.If you would be interested in attending either the visit with the real estate agent or the sit down with the mortgage loan officer, let me know.

If it were, just like you said, the property wouldn't be sitting for 100 days and if it made so much money as reflected by a cap rate, the seller wouldn't be selling it or the price would go up to the point that well... the cap rate wouldn't be "no brainer" high

I am from and raised in Dallas and Lubbock to me is a quiet town that is a college town but it seems like it is in the middle of nowhere.  

In a nice and quiet neighborhood and in a desirable part of town.

Maybe you need to understand that one goal of most investors seeking passive cash flow is to have enough to live off of at some point, they don't necessarily care what the return is at that point if they are sitting on a beach drinking a margarita every day.