It could be a giant pain to figure how much of that bulk purchase went to each property, especially if they did just 2 units out of 15 at one property, 1 unit out of 20 at another, and then 3 units and a wall of a 4th at a 10 unit property, etc, etc.

It has 2 actual bedrooms and one bath, and a weird upstairs loft area with giant closets.

I just put another building under contract yesterday, One the PAR contract It specifically states that the seller does NOT have the right to the appraisal, (on page 6 of 13).As @Chris K. says (my modified version) "although I'm NOT a lawyer, I did say in a Holiday Inn at one point".

You have a giant mortgage payment on your 500k rental.

But I think it may be best to wait til after this holiday week

I know all offers were due on Friday but with the holiday I’m curious if any were even made.

An under market tenant may not be your biggest problem.I'd recommend easing into landlording and getting your systems in place rather than cleaning house and risking Holiday Season (and winter temperature) vacancies.

The deal funded by noon on the Tuesday since Monday was the holiday and the funding department was backed up. 

As long as you don’t present them as concessions you could do things like 1) say you are planning to do it in 60 days but as a courtesy could extend that to 90 if that makes a difference (holidays etc) and 2) if YOU think an upgrade of something is warranted say you will be spending the first X of the increase on a new whatever.

Weekends and holidays are included in the ten-day period.