The financing contingency period is up tomorrow and it looks like they are going to back out, so I guess we will put the property back on the market as a cash-only purchase and see what happens. 

It depends on the market you live in.

I think building an off-market pipeline will be more important coming up than ever because of the change.

I think you need to challenge the person in charge-both the PM (and if they truly bought it for $100K less than market value, report them) and the person she has in charge of her finances. 

This is the best terms I have seen in the market thus far.

With my current salary I can only borrow 300k and it will give me limited directory in the market I’m looking at. 

Just sold one and have two under contract that will go on the market soon.Novations is allowing us to monetize more leads by presenting an offer that is better suited for someone not desperate to sell but who wants a guaranteed net price.

Separately, I will be needing to raise rent for existing tenant to match market rates. 

I would certainly start by talking to lenders, since $90k does not go very far in many markets, especially if you need to both buy a house and rehab on that budget.  

The market is surprisingly high here for such a small place, but i think its because the town in growing and has a very good school system.