We had to do a lot of electrical work, bathroom, kitchen rehab, total paint and a new roof.

Not much to add other than the obvious bit not yet stated.

Can we DSCR out of this to get our money back out or will I need to sell it to get our $136k total investment out?

@Kyle Carter People hit on the obvious, hype and excitement of a large name company like apple moving to an area. 

I'm thinking interest rates will sit at 6.25-7.5%, with total cost at roughly 210k.

Ultimately it was sorted because I clarified they legally had a joint responsibility to pay the total rent and there wasn't even an option for "half" the renters to pay late.

Doing a 100+ unit deal is totally doable as your first transaction.  

Here's a breakdown of the situation:Current Occupancy: 80% (16/20 units occupied).Current Gross Rent Roll: $14,265/month.Market Rent Potential: $17,665/month (100% occupancy).Renovation Needs: 15 units require full renovation ($10K/unit), 4 units are 75% renovated ($2.5K/unit), totaling $160K in renovation costs.Vacancy Loss: $41,820/year in lost income due to current vacancies.Cap Rate AnalysisThe seller lists the cap rate as 9.59%, but this is based on the projected NOI of $119,858 (assuming full occupancy and market rents).

And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.

This tax can significantly increase the upfront cost of acquiring property, so it's important to factor it into the total cost of investment.2.