This will give you extra cash flow in the first year and/or the early years to maximize your tax benefits and make your dream come true.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Reinforce entry points with security bars, and consider a monitored alarm system or joining a local neighborhood watch for extra protection.

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

Unless you're direct to a seller, you'll often find yourself with tight margins which equates to losing in the end.Here in Texas, I’ve gone through hundreds of deals this year and maybe half a dozen deals were worth the investment.

I can easily grade, gravel, and fence off the rear 2 acres for outside storage that would easily bring in an extra 4k a month.

Do you think it will have to be cut in half?

Now, we are out of the identification window so we are left with either trying to save the current deal (which involves accepting terms that weren't initially part of the deal or call it quits and pay the capital tax gains on half of the proceeds from the sale.Are there any other options that would be worth considering?

Keep pushing through, as appraisers sometimes need extra help to understand the full value of a well-done renovation.

Something draining cash that I propose to take over and pay the owner some extra cash, that I can’t understand.