At the very least you'll always know where you stand in any given situation, something few investors are secure about.  

While they may not show up on your credit, they will ding you for credit checks.I operated for about 15 years before I set up a C-corp.

You may want to negotiate an escrow holdback, where the seller sets aside funds for repairs to be completed after closing, or request a repair credit.

main challenge currently is finding quality tenants that can go thru my screening process (600+ credit score, clean background check, etc.)

If I were in your shoes (which I was recently, and will be again when I move to the next property), I would call up 10 different lenders including small banks, credit unions, etc. and tell them your situation, what you are trying to do, and how they might be able to provide a product to support you. 

If one only looks at listing and digs no further, venue stands out. 

Are you able to close the transaction (have enough money (and/or credit) ?

@Eric Huntermark Unless you're already independently wealthy, a conventional loan product (assuming this = bank/credit union loan), is going to probably be less attractive for you and most banks/credit unions don't lend to flippers.

Your local credit union is definitely best for when building a primary 

I'd expect something in the 70%-75% range, depending on your experience and credit score3b) Also, do you need to borrow $160k?