Unfortunately, along with individuals in your shoes desire to advance their projects as quickly as possible, the contractors are often eager to get the work started and the combined desires of both parties frequently leads to rash decision making.

I found it on the MLS, it's within our desired location and it's been on the market for almost 50 days.

It would be like casually jumping into a weight lifting circuit with a group of powerlifters. 

I am in the learning phase with syndication deals and I am not accredited yet I find these deals very attractive for my desired investing goals.

He purchases a duplex primary home this year and in 1-1.5 years he purchases a nicer larger 2-4 unit, maybe in a more desirable area – that would make sense and generally get approved with primary home financing assuming of course he was going to occupy a unit.The whole strategy he plans to employ requires a “move-up” each new purchase and he already has a SFH which causes a big hurdle in the “move-up” strategy so once again selling that would behoove him.The plan he didn’t mention which is really the only plan that will work in the short term is:Sell current primary homePurchase owner occupied 2-4 unit with 5% downPurchase additional; 2-4 units with 25% down with the remaining proceeds from sale of primaryI am happy to make an introduction to Richard if you would like to discuss further.

I think the housing shortage is due to the 2008 crash, land being expensive in desirable areas, and interest rates being high. 

They tend to have limited leverage and higher interest compared to other products like HELOAN or DSCR, but if you desire a LOC, I'm sure they're out there.

A 115 lb skilled fighter can easily take a person double his weight.  

We certainly made that mistake, with both listing-level and group-level customizations.Or there might be some other sensitivity settings you could use, e.g. the weight of local hotels in the algorithm (the default is super low, but in some markets, that's what you want to align to).We've been using PL 4 years now, and it's still a learning curve (and I say that as someone that's spoken in a webinar on behalf of Pricelabs on revenue management strategy).

Anyways 175k for a 4plex is very cheap.... cashflow is strong but when it's so cheap... it might be in a not very desirable neighborhood.