This allows you to buy using a LO, but you don't have to sell to the tenant, which allows you to have a standard tenant in place. 

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

Doing something faster doesn't mean increasing SPEED!

This isn’t about immediate affordability; it’s about creating a sustainable system that gradually reduces costs and increases accessibility through scale and efficiency.Institutionalizing Cultural and Economic ValueSimilar to how pension funds and university endowments operate, this model institutionalizes cultural value.

He demands the rent increase to $3,200 but you refuse to pay it.

If you truly don’t believe the property will appreciate and that rents will increase faster than expenses you should NEVER buy that property.

The increased rent is a good sign. 

If you can find properties where you can add value (adding units, increasing rents) then you can increase the value of the property, refi and get your money out. 

Louis Fed shows the delinquency rate on residential single-family mortgages, and proves there's a way to spin this data to show that delinquencies are increasing rapidly.

Only thing better would be initial deposit and then paid in full upon Certificate of Occupancy and punchlist complete.Of course, standard items should also be checked: licensed, insured, willing and able to pull all required permits, reference checks.I would also commonly avoid the cheapest bid you get.