It's human nature for me to miss out on things I am not familiar with, so please forgive my ignorance.

Always something new and cool going on in our market! 

It may not be worth it if your long term rent and cash flow are adequate.

4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I have an LLC-I own 4 single family rentals-each has around 70k + in equity-all cash flow well -credit is 800+ with adequate income.

Agree with @Sarah RoskoThe nature of most bookings are out of towners that book before they see the place or really know the neighborhood.

i have a great property i could send you that i found has many great qualities its a cozy modern home with workshop and detached garage price is close to half a million but could very possible to change the sellers mind for your price range seeing as it needs renovations not many but still need them this property is in washington state but the area is good for selling seeing as a majority is rich and looking for nature vacation getaways right by a beutiful lake and mountain contact me if you would like to find out more i will have to note if you consider and take the property i do require a finders fee of a minimum of 500 depending on the deal 

I mean, once we get off-market property and do some rehab, we can force appreciate it, but what about the later natural appreciation?

Your lender just needs to wire adequate funds to close.

Of course you need to see verifiable income that is adequate for the situation, but the old posts of 4 and 5X rent amount?

COMMUNITY- will the community support this type of housing (talk to other developers, visit projects of similar nature preferably in the same area and price bracket).3.