You’ll make less money but you may learn more along the way for future projects or reduce the headache factor (which can be significant).

If you are 100% occupied (and trending) no need to spend money.

Unless you are using your own money, then you shouldn't have a problem, however, if you are enlisting an investor or a lending company, and there are plenty to choose from, don't go with the ones who do the lowest interest.

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

If they don't, then you file a claim and hope the insurance company squeezes the money from the tenant.Get rid of this tenant.

For me I think it depends on how much money you have invested into the home and for how long?  

For the most part, most lenders are going to be relatively close in cost assuming we are talking about a straight forward loan product, we all borrower from the same pool of money to make these loans. 

This risk is amplified the less money you have attached to the deal.

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

I lost money on that deal, but learned a ton.