You will only succeed in making them very uncomfortable.

I'm being routinely asked for 10% earnest. 

And even if you do talk to the tenants, they might not tell you everything.If the numbers work for you for this property, I would have backup plans to have the tenants leave if the units are not taken care of, or if you feel uncomfortable with them.

Even though it's a 10 minute bus ride, it's an uncomfortable 10 minute bus ride due to the lack of an adequate number of buses during rush hour.  

Once you get a lead and make an offer, even if seller says "NO" you have that lead in your database and Follow up routinely until the sell to you or someone else.

I can be able to fund you before then but before we proceed further i need you to understand that there is a $650 fee attach to the loan and that this fee will be paid upfront and cannot be added or deducted from the loan amount....If you fee uncomfortable because of this fee then i cannot be able to continue....Let me know if we are to proceed or not"

I buy for the appreciation the cash flow is a nice bonus.See this thread where I quote @Christian Hutchinson complaining that the house he bought in a nice suburb of Detroit only went up 76% in 5 years because properties he had looked at INSIDE Detroit had gone up 600%.It is routine to sell properties bought 3 years ago for 10X what I paid!

Hello,I have been doing the landlord routine for the last 6 years.

I routinely obtain commercial loan t for my new construction spec home building.  

At 2% Net Cap Rate - to make 100K a year - the property has to be ~5MM.And I'll need 25% of that as down payment - 1.25MMThat's not easy for me - nor very fruitful.So, I wonder whats the point of this.In contrast - if you look at flipping houses from a foreclosure - its not uncommon to see routine gains like 50K on a 500K asset.