It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

This way the investor has a quality property where all the payment is going to the mortgage so equity builds up fast and they can take the re-advanced funds and WAIT for the right opportunity for extra yield plays. 

If they can't/won't pay the increase, reward them with an extra 30 days to move.

Townhomes have extra holding costs in HOA and could limit your renting ability.

After some research, I'm thinking it would be a good opportunity to proceed with the offer and to set aside the "free" money for use for repairs/renovations and holding costs to have some extra cushion.There seems to be much debate on the use of credit cards in real estate investing, but considering my circumstances .. 1.  

On a fixed mortgage, i could pay extra payments (or a one time lump sum payment) and apply it towards principal.

. - Due to all the EXTRA handlholding with the tenants in these circumstances, we either terminate our management or require a higher monthly fee from owner.If you are a PMC reading this and you do NOT have these checks in place for new clients - the market slowdown is going to cause you a ton of headaches with desperate owners dumping their problem properties on you.

While comfort should be prioritized, extra amenities like gym equipment isn’t necessary.

One of the things that helped me early on was connecting with investor-friendly agents who weren't just selling properties but were genuinely willing to go the extra mile.

And you wont have enough equity to refi out any extra (you need 20% equity before you can start pulling out funds).