I think one critical piece is being overlooked.  

That’s 3.5 years meaning it didn’t sell when the market was at its hottest.

However; two new pieces of legislation were proposed in 2023 to help expand these credits to more areas and extend the timeline of the credits.

again, no dog in this fight, but as someone who runs a debt fund I am pretty sure I can piece together what occurred based on reading SEC filings and the above. 

Your post is missing important pieces :) 

If there is a title issue or an encroachment then the buyer is entitled to a refund of the EMD.I feel like there is a missing piece of the puzzle. 

My first piece of advice is to find a market with what you are looking for

I recently came across a piece in Forbes talking about how quickly rental dynamics can evolve when population growth spikes.I’m based in Phoenix and have been in the real estate game for three decades, and a close friend of mine recently reminded me how the right connections can shape your entire strategy.

That little piece of paper saved him a fortune in legal fees and stress.Gather Hard Evidence: You’ve already got a strong start with appraisals showing the property as a four-unit.

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.