The lender wouldn't yield $80k, they'd yield $80k less taxes which is closer to $50k.Going back to I am confused, I don't understand exactly what you are looking to do or trying to get at.

What exactly is it that I am missing from my search?

I don't consider this home runs, but is in great neighborhoods in a small college town, where houses are in rough condition.

Quote from @Yaroslav Shtogun: Good morning,Some updates, we did home inspection and the house is not good condition since it was built in 1950 and was not maintained well.

In bold, exactly.

Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance. 

The exact split will depend on your agreement with the brokerage.

That's exactly what I'm looking for in a capital structure.

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Coupled with persistently high interest rates that may last for years, rising insurance premiums are inevitable, regardless of your property’s condition.