For instance high net worth investors may want "A" location homes for tax benefits and wealth preservation.

For instance, a traveling professor from Europe may love the simplicity of a 300 sqft microloft, but a family displaced by a fire will not. 

I have also had instances, where the appraiser cut value tremendously. 

For instance, 4 bed 2.5 bath. 4 friends come together to rent it? 

Also, may have instances in which if you go over a certain amount of useable sf you may have to fire suppress a building that would not originally have to be since it hit that minimum space requirement.

Many are self proclaimed coaches but only have done SF and not MF and for instance, do not have network of off-market MF deals nor know any wholesalers.

For instance, I suspect vacancy might be a little higher based on the train tracks running directly behind the condo.

There are DSCR lenders that allow for Negative debt service, and in some instances no ratio.

Therefore, there can be instances where your federal AGI is higher than your GA AGI due to the add-backs.Best of luck

I do think in this instance, a better resolution is to negotiate an extension with your current hard money lender, and get your credit to at least a 700+ for better terms.