You can go to Redfin or Zillow and see the level of finish houses with short DOM have in the area, can you at least match that quality?

If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

And watch out with scents—unscented products keep everyone happy.

"Question: have you ever filled out a spreadsheet of cost and lifespan of each product of a property?

Quality over quantity. 

You can generally go up to 75% LTV on these products so long as the anticipated PITI is 1:1 with the gross rent.

Quote from @Jacob Dalton: I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence.

Local product is cheap since no import tariff.  

At the numbers you are talking about and where the market is heading you could pick up some very high quality NNN national credit tenant properties as commercial continues to recover. 

@Chase Calhoun - great looking product you have built.