The land it sits on can accommodate an additional building and I plan to erect a 6k SF metal building for commercial leasing. 

I want something where I can sit down with the seller and explain it section by section and not overwhelm them.I just skimmed through the standard Virginia RE Sales Contract used by RE agents. 

One tactic you can do though is borrow the money and let it just sit in your bank account.

Again, your return percentage might be lower, but when the renovation goes over by a month or it sits on the market longer than expected or seller wants a 75 day close versus 45, you aren't just watching money go out the door if you are all cash. 

Btw, my cash flow & payback assumptions include setting aside 5-8% of gross potential rents each month to cover capital expense repairs, so even if your home does need work once it is paid off, you have the cash sitting there in the bank ready to go.So I'm not as concerned with whether it is a triplex or a SFH. 

Use my bailout to get the millions of blue-collar workers sitting home back to work once this crisis passes. 

Tenants that are waitresses (No sit down dining in our area at all anymore) and tenants that are police officers (plenty of steady work right now) are in two completely different situations right now.

I do if I dont pay it in full, I'd have the cash sitting in the bank tho.

I went there last night and she was sitting by the front porch with no intention of ever moving out or paying.

From where they sit, all property owners are wealthy.