It''s like selling a bakery and the building, you have to value both.Arguably, the buyer pool is small, but maybe there is another operator close by, who would like to expand and leverage synergies.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Quote from @Zachary Engen: Ive read a few things about onlying being able to cash out refinance 75% or the purchase +closing costs, whichever is lower.

If you need to explore other markets close that's not bad, CO is pricey so it will be a longer timeframe to reinvest unless you do flips/BRRRs to recycle capital @Caleb Brown  Yup, I'm close to swapping the empty lots for a tenanted new build. 

in general a good closing attorney that you will use anyhow can give an opinion.  

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

Then your strategy of offer full price and then negotiate down / what if they say we will fix the repairs then you would be forced to close and lose your EMDNot sure where you came up with this but many will view components of this as unethical and why investors get a bad rap from politicians

Of these properties do they have parking and how close to public transportation are they? 

Hi AllI am about to close on a property in Birmingham AL with R2R.

If you buy in such a city, you are almost guaranteed to have limited appreciation and rent growth.If a city has significant and sustained population growth, then the current housing supply will be insufficient and prices will rise until the demand (the number of people willing and able to buy) roughly equals supply.Rental rates are closely tied to property prices.