It’s often sold as an alternative to larger security deposits or co-signers for people with bad credit bad rental history.

We don't feel comfortable about houseflipping because we have never done it and rather have a safer option.

If the price to replace is within budget I'd do it because you're putting out a newer/safer/more reliable product.2) Cost to replace the entire systems is tough to gauge without knowing the building size and style...

Virtually all my offers in last 2 years have been with alternative financing. 

Make sure they are ample.Second: what are your alternative investments.

You can buy title insurance anyway, without conveying the property, so that's an alternative.

Hi Brick,As an alternative, you may want to consider converting the 4 units to 4 condos and selling each individually.

I vividly remember the countless hours spent driving to and from remote locations in rural Manitoba, alternating between early BP podcasts and Jim Rohn recordings.Over the next two years, I adopted an extremely frugal lifestyle, enabling me to achieve a 75% savings rate, sold my custom truck for a used Toyota, traded my new home in the burbs for a duplex (house-hack) in a challenging neighbourhood of Winnipeg where attempted break-ins were commonplace.

This trend suggests a growing rental market as more people are unable to afford buying homes under current economic conditions.while the housing market may face challenges, the rental market will likely expand as an alternative for those priced out of buying homes.

This includes BP and other investment sites, RDPD and plethora of other investment books, easy access to information including census data, job data, development data, city plans, etc.This can enlighten to alternate rental models: LTR, STR, MTR, NNN, etc.