It is an illustration that turnover and vacancy can work in your favor. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350Insurance = $100Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250Insurance = $100Association Dues = $25Total PITIA = $1875Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23Lender terms and fees vary widely.

. :) But I wanted to illustrate their urgency/motivation, and my need to make this happen as fast as possible, without using cash if possible, and especially before another cash buyer can come along.

Maybe I'll start one after another cuppa.Because I always like to tell a story to illustrate a point (oh god, there he goes again-long winded b***ard) I'll tell you one from my normal/previous career.I spent most of my time in industrial sales, selling maintenance products to maintenance people.

The large gap between the asking prices just illustrate the different level of disparity to sell whether it is a private party or a bank.

Not saying that to brag, just to illustrate one strategy that may work for you.  

As an owner how would you like this illustrated in a contract or simple conversation?

So when you show up with comps illustrating garbage properties, expect the panel to ask you how you selected your comps, and if you made any improvements.They will ask about your rents.  

She illustrates a situation though were she helped a cash buyer purchase a home for less than they might otherwise have spent.

Garage and storage spaces are not rented.Here are current numbers (have included 4th unit rent for illustration purposes and assumed 10% vacancy):Ask price: $99kRevenue annual: $18,360Non debt exp: $13,111 as I assume ppty management later, and the owner's electric meter serves garage and storage units also.