You pay cash at the time of sale, so you need the money available right then.

You need to educate the seller that with the rates so high right now, a reasonable investor can't pay 2022 prices.

Quote from @Patrick Drury: @Mike TikhKeep in mind if you are buying an FHA 4-unit it needs to meet the sustainability test.

That highly depends on your pay structure.

You may need to spend every cent they offer on moving things out and back in, but that a small price to pay if after this is done you have your property back in the condition it was when you started.

I have a tenant that is not paying rent, and won't answer phone calls or texts, so I need to start the eviction process. 

So, every non-government job your tenants have will end in the foreseeable future unless new companies move into the city and create replacement jobs that pay similar wages and require similar skills; Otherwise, soon all that will be left are lower-paying service sector jobs.

We pay a few hundred dollars for a professional quality pitchbook with the financials and that has been money well spent.

That could mean poor tenant quality, which could lead to them not paying or eviction.

They are also pay as you go and let you try them out for free with no CC info.