This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Is it to build up assets, is it to make additional income, is it to reduce your monthly housing spend and save more money, is it tax breaks/benefits? 

The seller was aware of work needed and priced it accordingly but was willing to reduce the price point for an all cash deal.

What are your thoughts on the market now, post-covid and with rentals/prices at a significantly reduce price from last year?

., “Enterprises” or “Holdings” instead of “Real Estate Investments”) may reduce perceived risk.

If you can't get the seller to reduce down to that appraisal, consider walking away. 

House hacking can reduce living expenses but may limit roommates or share space.

I would buy something closer to turn key if you can, even if you pay up, because it will reduce the work you have to do and figure out as a new large-scale investor.

As the great philosopher once said, "mo' money, mo' problems".I think the reduced leverage plan is a good choice to free up some DTI but obviously the extra fees on DSCR could start to add up a little.

For example, you may reduce the maintenance and capex to 5% and then discover turnover occurs more often than you had planned.