The rent prices I was basing off of rent estimates I found on the web, so I'm not sure if that is a factor, but I can reassess.

These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

Then make your decision based on information.  

.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

Based on what you're telling me, I'd also advise you to begin the process of evicting/non-renewing the lease.

This is based on my own experience, but I think it's similar for most MF owners. 

And I'd argue the average rents can be increased nearly 30% based on the current FMRs in the zip code.

Another good thing about that is that you can do a cost segregation study based on the percentage of the house that is being rented to your house mates.

Ymmv based on your locale and who you are talking to at the time.