Unfortunately, ACs are not massive ROI movers, because people just expect them.

As far as a correction, that's happening now - unfortunately most of current price reductions are because agents either don't know the real starting price point, or what's more likely... the real estate agent is in a personal cash crunch and will just list at whatever the seller wants to list at...Hope that helps

Unfortunately I do not even know the name of this client otherwise I would be more than happy to discuss.

Also I would check their lease because since the unit is currently non-owner occupied, it might be more challenging to evict the tenant unless there's a specific clause in their lease that allows for eviction under these circumstances.

The 2nd property owner accepted our offer quickly due to personal circumstances on their end. 

Unfortunately, this will actually bring my cash flow DOWN due to the interest rates. 

Unfortunately, Colorado has just passed HB 24-1098, the "just cause" eviction bill, which requires landlords to offer lease renewals to their tenants unless one of a few specific criteria are met (if the property is going to be sold, substantially repaired, or renovated, or if the landlord’s family plans to move in - but basically you can't put it up for rent to anyone else for at least 90 days).

IRS Publication 537 outlines installment sales (seller financing), which, depending on the seller's individual circumstances, can defer and sometimes reduce the amount of capital gain tax owed. 

Hey Anna, Unfortunately without any credit history here in the US, most DSCR lenders are capped at 70-75% of the initial purchase price.

Dang, that's super unfortunate.