We are sure many of you have grappled with these questions and we would value your insights.

He offered a price, it worked for me and him both, so I took it.

I was spending hours analyzing deals with a W2 job and all the money I spent on appraisals and inspections on offers I made became too much.

Very insightful on vetting with your elimination question.

DSCR loans offer alternatives for DTI/income and employment, but generally still have strict personal credit requirements. 

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

Currently, we plan to self manage our properties until it is too much to handle.We are hoping to gather some valuable insight from more experienced figures in the real estate world to help us move forward.

I think a settlement offer is very possible in either situation.

Our mutual friend, knew the arrangement that I offered her in letting her rent it at the lower rent as is.

If anyone has done something similar, I'd like to get some insight on how the deal was structured.