I tell ya those things grow legs every 2 years for some reason.

That will keep your out of pocket lower and your $70k would allow you to buy two properties.

Talk to the seller, but options are to cancel the sale (and risk losing your deposit), renegotiate to lower the price to allow you to fix the problems or ask them to fix it. 

I had a few questions and would appreciate any advice in general.Strategy / Goal: BRRRR but no major rehab at first to lower the risk.

It's great for cashflow and our entry level costs are lower than a lot of other markets.

Tons of upper and lower new oak cabinets and counter space with custom granite counter tops.

That rate will be lowered further to 40% in 2025, and 20% in 2026.

It’s a lower risk strategy since you’ll be living in one of the units, and you’ll qualify for low down payment loans.

And, even then, hitting your rate target would still be extremely challenging unless you were paying points up front, in which case it would probably make more sense to just try to put in a bigger down payment (or pay down the balance if refi) instead and get better terms naturally offered at the lower LTV.

My cautionary tale for shopping lower and you need 100% clarity on what's covered and extra fees.