You are generally going to either buy it at 95% of value or what is owed, which ever is lower. 

Baselane also lowered their APY, which I get, but in the end, it was worth it to me to pay for Stessa Pro for the added beneifts.

Again, different strategies but in my opinion the larger you get the lower the risk you want and as others have pointed out I think your deals in the build to rent sector or with larger tract builders is where we focus and probably others as well. maybe this was a special deal. in a few weeks once we get the appraisal back on an infill lot we have I'll show you how we made almost a million dollars on a site that's 0.1 acres and urban with very little risk backed by appraisals. we didn't have to wait 18 months or invest 500k either. we barely needed a capital partner too and every deal we entitle we would develop.

Will you get a lower rate waiting? 

All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

With my anxiety, It still feels like I'm about to jump off a cliff and I had to make and pack my own parachute from YouTube videos.Hopefully I can learn more from you guys in 2025.

Lower than that?

This can then be used as a negotiation chip in order to lower the price of the property.

I agree that efficiency is a huge part of that equation, and the more efficient the PMC, the more they can stay profitable with lower fee structures.  

Tenants in lower Classes will have lower credit scores, which means higher chance of defaulting on their lease payments.