Created a nice short term note with minimal invested.

I'd suspect that Cozy's primary drivers of revenue are - minimal interest made during that hold time, people paying for faster transfers, the tenant insurance they offer, and the tenant screening services they offer.And then there is that eventually switch-flip that surely is going to happen when they hit a critical mass. 

Minimally there are hard money lenders that will refi inside of 6 months.

,If you haven't had maintenance issues in 2 years, rent payments are getting further delayed and they are bad at communicating... time to move on. 

@Chris Ichter I think the issue delaying the transfer was with Charles Schwab, Not equity Trust. 

I currently live for free and have minimal bills.

I will likely still get the deal, but will probably have to pay more and negotiate more to keep it comfortable and profitable.Should I have done something different before sitting down to avoid this delay and potential loss of the deal if it appraised for a lot more?  

My ideal type of property purchases will be multifamily and I want to start out with at least a duplex and hopefully scale up to apartments to minimize costs.

So even though your cashflow is minimal, your equity pay down (principal) is quite high in relation to how much money you invested into it (minus the renos you plan to do this summer). 

If you pay cash and have no lien against the property, you can close a delayed financing loan (Fannie Mae) 10 minutes after you are on title.