He will probably want to wet test the pan. 

When I work with an agent and they aren't panning out, I never want to lock myself in to that person. 

If you lose equity on the buy who cares about a on paper cashflow number that doesn't pan out half the time in real life after cap/ex/turnover/etc. 

Check out Sean Pan's awesome podcast.

If you're working with an independent mortgage broker that works with multiple lenders and banks, and you lock long enough that it's good for a week or so after the election, here's how this could pan out for you:- Rates go up.

When I went to look at the units I discovered one tenant had tin foil all over the windows and walls.

In most cases, the math will pan out that those higher costs are nothing compared to what a lower rate will save you in the long term.

The property that I saw was located in GA so I'm not sure if that would make the cost per unit more or less.I will definitely check out that spreadsheet and see how the number pan out.on your deal are you going to have to renovate all or some of the units also if you don't mind me asking.

Where im at, homes started selling above MARKET price, and once people saw that, they started jacking up the prices, only to have to lower them later because they weren't getting any offers.. they were trying to get covid prices and then some, and it looked like it wasn't really panning out

Thank you everyone for the feed back, unfortunately the deal didn't pan out.