In addition to that I’m using Baselane for rent collection.

I am also on the property management side so if you have any additional questions, please feel free to send me a message!

Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they were never updated and need total overhauls. 

Additionally, the retail sector continues to reel under the pressure of an accelerated shift to online shopping, further exacerbated by the economic repercussions of global challenges.Moreover, the financing landscape has tightened, with rising interest rates putting additional pressure on property owners struggling to meet their financial obligations.

This either implies there are significant barriers making it difficult to replicate this opportunity or is being acquired at a significant discount, which is it?

It sounds like you have some exciting decisions ahead of you regarding your real estate investments.Selling your primary home and reallocating the equity towards a new property and additional rental investments could diversify your portfolio and potentially yield higher returns.Best of luck,Julio

However, rate would be prime + index + an additional +2% for the shock factor just to qualify, but you can draw the funds whenever you want vs cash out where you have to draw all the money after closing. 

Now, the market rent over there is $2,100 for a house in that condition but I was able to get to $2,300 because it had an additional large detached garage.

Could you please provide additional details about the duplexes available in College Station?

Typically, the more and/or the earlier you pay, the higher your discount will be.