Do you have alternatives @Nate Marshall?

Alternatively, you go to Market B where you can achieve BRRRR'S and buy and renovate $100K houses, each appraising for $140K and you repeat this 4 times over the course of a 2 year period.

Alternatively, you could explore house hacking with a multifamily duplex, where you live in one unit and rent out the others.

Sometimes that might mean we'd accept a new easement or ROW that was better for the homeowner and still ok for us, as long as we didn't incur survey or recording costs and the homeowner would be responsible for overage, or if the water line work cost $100k on the existing spot and $150k in an alternate spot the homeowner would be responsible for the $50k overage.

RADD brings imo highly reputable folks to talk alternative investments that helps to possibly validate their business model, too.

It also gives you stability in the event of market downturns or unexpected expenses, allowing you to lower rents if needed without feeling financial pressure.The alternative leveraging more with 20% down—would allow you to acquire properties more quickly, accelerating your cash flow goal.

For you seasoned investors, does it make more sense to go to Home Depot and take advantage of their deals for appliances and such, or are there better alternatives for flooring, tiling, and appliances?

If your primary has a net $1M appreciation you’ll only pay $100k cap gains tax - that’s a lower alternative than what you propose.

Alternatively, there is a fairly limited supply of people needing laundromats, hence the reason you don't see them everywhere.  

I think a conversation with the loan officer's manager to see if a compromise/alternative can be worked out may be beneficial.