Depending on the ownership type, that will dictate what you need to do.

An owner will probably not accept a cash offer of 80% of list price, BUT I've always strongly believed in offering what I think is reasonable and what the market dictates and not what the listing price is…as I as real estate agent I've told many of my clients not to obsess over the asking price because market value is what matters most.

The final rule describes certain minimum requirements for creditors making ability-to-repay determinations, but does not dictate that they follow particular underwriting models.

Now all I care about is continuing my passive cash flow stream so I can stay out of the corporate world forever.I think many people here have been smart to point out that deciding whether you ultimately want to be "active" vs "passive" will essentially dictate which path(s) might make sense for you.

When there is that much of a disparity between home prices and rents, it leads me to believe that homes are overvalued.The belief by many is that the market itself dictates a home's value, and I agree to a point.

The time it takes to sell the building will dictate when I close up my business.

That's another topic entirely and dictated by whether or not I paid to refi out of pocket vs adding it into the loan.Hope this helps.

Either of these will dictate what type of funding you need to look at.  

Oh when I said the lender asked for an extension, I meant more like dictated the date/s.

Supply and demand dictates that the rent (and property value) will be lower than more populous areas.