Two reasons: 1) multifamily is arguably more a profitable investment than a SFH, and 2) this is C-level asset in a B-class neighborhood.

We are looking at high yield bond to arguably private credit risk profiles, so you are getting high yield bond returns.

Short of properties sitting in a rural area that investors don't have interest in I have a hard time seeing why something would be on the market for 6 months during (arguably) the best real estate market of our time. 

If the cash offer had no loan/inspection contingency attached to the offer, then it is arguably stronger than the full price conventional offer.

REI isn’t a fool proof investment, it’s arguably riskier than the stock market due to the leverage.

Hi @Nathan Lilly ,Memphis is arguably one of the best REI markets in the United States.

Depending on the generation source mix up there where you've got all that hydro power, generating yourself may be arguably worse for the environment anyways.

@Paul Sandhu's point is well taken re: dining rooms being unnecessary, but an open floorplan or large living rooms would allow for big sofas and good gathering spaces.I also want to add that closets are essential in a LTR, but arguably unnecessary in a STR.  

If the building 3 blocks over is renting for $500 you'll arguably have bigger issues. 

What's arguably even better is that you can enter in sold prices (assuming it's not a non-disclosure state) and see if it looks like the buyer got a good/bad deal.  2.)