I have offered my tenants a set amount each month they can deduct from the rent for costs of water to keep landscaping (trees, shrubs, small lawn etc) healthy, not just alive.  

That would be more than an 8 CAP with upside.I would try to structure it this way.70% 1st 5yr Fixed/30yr ammortization $1,400,000 @ 8% = $10,30015% 2nd 5yr Balloon $400,000 @ 10% (5+5)= $175010% Down $200,000DCR of 1.13 is on the riskier side, but if your fairly sure you can get the theatre going it would jump to a very healthy 1.47.You would have a cash flow of over $1500 per month with a potential to earn over $5000/month.The seller get 1.6M now for a property that is not selling, but still gets fair value.If you can get a lower price, all the better.Dominic EneaCommercial Agent

They left us a glowing review and are booked to return this season.Most people I have dealt with understand unforseen circumstances will pop up and respond positively if you show them effort.  

Erlanger Health is the largest employer in the region. 

I do have a healthy credit score and was wondering if I opened two accounts and applied for two cards on the same day, it would help me to have more access to my own capital.Is this discouraged?

Works best for folks who were already thinking about moving, and if they are good residents have the owner/manager give them a glowing reference.

In the meantime, I have a few saved searches on Trulia to determine what neighborhoods have a healthy stock of MFH's, their typical conditions, prices, and driving by ones I like so I can get a feel for the neighborhoods.

I wrongly assumed they couldn't have a healthy cashflow.What are your criteria when looking for BRRRR deals?

Any more info you might need for some healthy criticism I'd be more than happy to share.

Viability for owner financing in Florence, SC in 2022 (yes even here in a small town the market is stable and healthy!)