Even an outdoor pool will slightly reduce the buyer pool.  

It goes like this...I sold a rented 4-plex in Arizona to a private buyer.

For our ARV we used townhouses in the adjacent developments that are slightly more modern, but priced below those.All of the buyers realtors are looking at the previous sales in our development as comps, and saying we are over priced.  

I follow several buyer's lists and get many emails with their wholesale inventory advertising something like "Home for $140,000 with ARV $250,000" or something similar.

With dealing with this type of lender are these loan terms usually locked in, or can they be re-negotiated by the buyer?

SWD means "buyer beware" 😂

I have a few buyers who live down there and are looking for more rentals.

Think the great crash was generally an over extension of credit, combined with extending credit to lower qualified buyers.  

They are your buyers.  

I reckon there's ALREADY a Duplex where you want to live, BUT, it's in TERRIBLE condition, so the Seller would sell it at a severe discount (say, $350k) to avoid those rehab costs, and their circumstances are such that it doesn't matter to them about the Buyer potentially being able to turn it into a $600k Duplex once rehabbed.I reckon: Look for your forever home (but one in pre-rehab condition) - NOW!