It's all about playing the long game or having a killer backup plan.

Back up plan a No ratio DSCR loan would be super easy but higher then both options above. 

if the deal still pencils with multiple strategies & you're planning to hold it long term, 20k over (in a higher cost market especially) will probably be chump change down the line. in general, it's good to not miss out on a deal just because you want a homerun deal. taking base hits get us further than waiting around for home runs. just keep in mind that if you have to come to the table with an extra 20k down (which you probably will bc the bank will only lend on the appraised value or PP whichever is lower), and you have to sell for some reason soon, you're probably losing that 20k. a risk you may be down to take if you really know your numbers, have multiple backup plans, and are in it for the long haul!

During the inesption, it was found a drain snake was broken off in the sewer piping and the tenants reported previous backups. 

Values should also go back up in the not too distant future.  

We are back up above 7%.

Most stoves would be one burner doesn’t work (they can probably live with that.) otherwise I’d replace if it if larger issue.

Another had a main sewer line backup into a basement.

. $5k/mo, it's going to take a generation to get back up to flat.

I don't like to use any form of credit where I don't have a backup option to repay if something goes wrong.