Am I concerned that the entire country is poised for a 33% haircut?

Not just in this example, but it almost always makes sense to retain a tenant, even if it means taking a slight haircut, rather than replacing the tenant, once you factor in lost rent on vacancy, legal fees, brokerage fees, free rent and/or TI for the new tenant.    

I will be in a similar situation soon.BTW, getting my hair cut at home is where I draw the line!

Front load washers require a bit less water but present a higher capital investment for the laundry vendor – corresponds to a haircut in the commission.

I don't know if quiet title is relevant or if a quit claim transfer over to another party or entity that was under my control would make the 3rd lien holder more willing to take a significant haircut.

If you buy solid properties in good school districts around the median price today you can expect to take a haircut on the next market turn down.  

Hi John,It does seem unlikely that the seller would be willing to accept that much of a haircut, especially since the seller won't be getting the money right away.I would give up on the 30 year term; I would offer a 5 year term with a 30 year amortization (plan on refinancing around 4.5 years in). 

You may find that someone buying as a whole wants a haircut on price to take all.  

Was planning on doing just doing flips, and multiple flips at once but I go thru workers like I do hair cuts, so i end up doing most all the skilled labor roles myself and contractors are very pricey in the area so that option isnt the greatest, so I recently came up with the idea stated below instead.

The numbers worked on paper back then, but no one really though the market was going to take a 50% haircut.