Expecting to go vertical the next week.Sep 2022 - Just starting to go vertical with the concrete block walls.So basically from March-Sep, there was almost no progress made, when it was expected to have it completed within that 6 month timeframe.Sep 28th - Hurricane hit.

I had to look up what "variance analysis" meant.If I understand the question correctly, you're asking "What went wrong to not hit our 20% target?"

BUT WAIT, there's more:  Then when I hit submit, I got a message "your payment method has been removed successfully. 

If you refused to buy it as a new primary, so you had to put down 20%, were unable to find a good deal and just bought at market price, didn’t hit a home run, etc…Imagine you only average 4.7% appreciation.

@Patrik KusekYou hit the nail on the head...

Once we are debt free we want to hit the ground running to avoid, "paralysis by analysis" as @Nathan Gesner mentioned. 

@Mike ReynoldsYou hit the nail on the head in that seller financing would fall under the non-recourse loan category; therefore, UDFI would not apply.

There are a lot of good posts on here so I would take some time and read the forum so you can hit the ground running.

I will like to know how people make money buying at 5.62% cap rate when 30yr mortgage is hitting 6%.

It sounds like you've done a lot of the preparation work required to hit the ground running.