So, when you are underwriting an str purchase, much of the business should be evaluated separate from the real estate.

We feel very confident in our underwriting, but given the jump that we made from SFH to an apartment building, we want to ensure we're not missing steps in our DD/inspection plan.Here's our current plan:1) Have a general inspector complete a Property Condition Assessment.2) Have specialists complete an evaluation of the roof, electrical, foundation, and heat source (2 steam boilers).3) Review financials, all leases, existing service contracts, rent roll, tax assessment, rental certificate, and 12 months of work orders.Here's what I'm not sure about:1) Are there DD items (specifically those that we would request from the seller) that are not captured within #3 above that we should be requesting?

Each carrier will evaluate the property and determine what the cost will be and that's why each carrier has a different premium for the property with generally 85-90% of the coverages being the same.If you feel the dwelling is low see if they have a guaranteed home replacement endorsement that can be added or 150-200% dwelling coverage to truly protect yourself in the event of a total loss.The market is going to be like this until 2025 most likely so the easiest thing to do is raise your deductible without sacrificing coverage.

I would recommend using a calculator to evaluate future rates and determine at what point in time/rate would you cash-flow at a comfortable level (after capex, repairs, vacancy, pm, etc). 

So you have to evaluate your situation and make the decision whether real estate is the right move at the moment.  

@James Wise, I'm definitely evaluating whether landlording is right for me.

All cash purchases exist in multifamily as well and have similarly been increasing.The reason for the increase in all cash buyers is not due to primary residence purchases but rather vacation homes and investors.Investors of homes make purchase decisions similar to how multifamily is evaluated, based on cap rates, cash flow, value-add, etc.

Can you supply your risk reward matrix for evaluating syndication deals?

I recommend a structural engineer further evaluate and make recommendations related to this observation” And regarding this make-shift supports: “Temporary posts exist in the basement that should be considered for replacement with a permanent support system.A temporary post is noted as a support to the ground that does not appear to be resting on a footer.This temporary support post is holding up a metal beam supporting a large portion of the house.This is a structural concern that should be reviewed by a qualified engineer/contractor”I will include a couple pics as well 

Maybe you could ask them for clarification on how to comply and evaluate how effortful it would be vs. switching banks?