And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?

The risk to my business is much too high just so the agent can make a little more money on the transaction. 

The owner said he would sell but at a very high price.

You cannot have a contract that simply states "install high-quality countertops" without specifying the quantity, location, type, or style.

I would say high-quality bedding, cozy outdoor spaces with firepits or seating, and thoughtful touches like local coffee bar setups.

We did get much lower costs when we changed to minisplits but the initial cost is high.

High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.  

If you believe your property’s assessed value is too high, you have the right to challenge it.

It was the tail end of high season and while I knew I could get a higher ADR on my own (I own the unit next door and know the market very well), I would have had to make some changes before listing it myself to do better and in this case, time was money.2.  

My suggestion is to buy a property worth more than $1M since anything cheaper for 4-plex will not be high quality.