He's patient with the students and wants to know everyone. 

Maybe as an additional safety net set your DSCR% or cash on cash return a little higher than other areas you own. 

The grind will be there and I just have to be patient.

You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.

I am left wondering do I stick to my guns and stay patient and wait for properties that make sense given todays rents and interest rates OR do I ignore the gap in what I am willing to pay and what the Sellers want knowing I will have to increase my down payment to 35% to 40% to get a solid property?

This should include which areas you can access, what hours you can work, and any safety measures you’ll take.

This included installing new tile flooring at the front of the house to enhance curb appeal, upgrading the electrical panels for safety and efficiency, and putting on a new roof to ensure long-term durability.

The biggest advice I would give on this is just be patient and be very communicative with your PM.

The rate market may now create a better safety-net scenario than before as well...

@Nikhil MascarenhasDifferent people go different routes depending on their risk tolerance, their amount of equity and compared to other assets owned, how patient they are with a complicated set-up and high legal fees, whether they view the $800 as game-changing or just a cost of doing business, etc.