They are only 120 and unless its a big opportunity they will not bother anyone.  

@Ankit Rathore- if you plan to refinance in 1-2 yrs ...ask the seller to reduce their sales price ....take no or low credit and  use a  0 fee  or  0 fee/ 0 cost  pricing option for the loan ...you dont  want to wast  funds on buying a rate down and then payoff the loan within a yr

This will definitely be my last...The hotel is currently getting rebranded and unit owners have the option to upgrade our rooms using the hotels "discounted and preferred" contractors for the "low price" of ~160k (again, the unit cost me 400k and is currently valued at ~340k).

They advised they were given a great opportunity that they could not pass up in Las Vegas and want to be out by September 1st.

Most of the opportunity seems to lie just outside of the big circles around the main part of the cities you mention. 

Purchase price: $12,000 Cash invested: $8,000 First investment ever.

Purchase price: $1,900,000 Cash invested: $900,000 The 1.64-acre tract at 150-190 Hanes Mill Court is across from Walmart and many major retailers located off of a many thoroughfare .

I am thinking of converting it to a regular apartment so rents can be raised easier and increase the sale price in 2-3 years. 

Purchase price: $2,010,000 Cash invested: $600,000 purchase with tenants in place, many long term What made you interested in investing in this type of deal?

This often means accepting under-market rents until the next opportunity arises to adjust them.