Did you walk the property before offering?

I see this home and what you paid and while it's not at all a bad price, I've seen investors offering that size in Palm Bay for as much as $15-25k lower.

They had listed it for $40k more in 8/24 and dropped consistently until 12/24, when I made my offer.

From the sentiment of your post it seems like you're viewing the buyers as strictly investors when they may lean more towards traditional homeowners looking for a quality of life improvement or an improvement on their current financial situation today.Let's say the buyer pays 465k and has a 5% interest rate.

If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.

It gets quite cold here and power bills can be pretty high. 

My current property management company doesn’t offer this service, and the only company I know of is very hard to communicate with.

Is there a limit to how high I can go? 

The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.

One huge benefit of a private/HML loan is the strength of making an offer when competing with cash buyers.