The numbers don't look good and your earnings could go much further deployed into another vehicle, like a multi family or several single families.

These are generally "cheap" units as no big business is going to pop for the quality units they're deploying to hundreds of homes. 

I know lot's of investors still actively buying but also sitting on millions or more in cash waiting to deploy.

In addition to those resources, I have about 85k in paper assets/cash that I'm wanting to deploy.  

@Cody Furman first of all let the residents know that there is a new sheriff in the town with a welcome letter and explain the everything you can in that letter and then deploy some cloud based software like Buildium to track your tenants and the rent and charge late fee and give them vacation notices on timely manner and evicted the bad ones and do not raise the rents until you are stabilized and do the screening to fill in vacancy otherwise you will be in big trouble if bring in bad ones.Charge application fee of at least $35 per couple and they will pay and use that for screening.

We just deployed some capital into an Apartment Syndication that is returning 8% from year one, and more after that. 

With the owner occupancy clause, what if I am living in it, but I get deployed overseas.

Also, would you have to deploy the HH (house haking) method to get this closed?

Every time I go to finish that project I look at my options, and every time thus far I find that the $25k would be worth more to me if I deployed it into another property rather than finishing an addition.If you are growing a rental portfolio for passive retirement income the most important question (per my opinion) is if I borrow X what will I get in return?

Arguably worse than deployment.