It counteracts human nature, which is laziness, greediness, self-centeredness.

I’m an investor and the owner of a property management company based in Kokomo, with portfolios extending into the Indianapolis area.

Based on what I'm reading here I would focus more on Airbnb/Vrbo.

I see the base interest rate for federal lending is 4.25%–4.50%.

I new based on the sellers situation that if I offered cash, close in 10 days, that it would be an enticing offer.

Again, this is only based on info you provided so there could be a lot more to the story for the good or bad but I can only comment on what was provided. not sure many are thinking rates are going to drop much in the next year.. seems like one would want to know how much they need to drop to see if the plan will work before putting good money after bad.

I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license.

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.  

Based on comparable listings recently sold I think closer to $650k there would be more interest.  

This is how much you need to increase your room rate to become profitable based on last year's information.