congrats, looks like a beautiful property

Say we buy a property for $1 million, but we structure it so it's 0% down but a bank/note buyer is in place at closing to buy the note from the seller at 80% value so they walk away with 800k in cash. 

I have only 4 properties now but there are 8 rental units.

I also have a separate mortgage account for each property.

Property taxes are next to nothing.

My property failed perk test, making it useless.  

I was the only offer on the property and the seller is motivated to close.

I have been watching my local market the past couple of years saving money and building credit for my first property.  

I'm inclined to say no, especially because my margins have gone down significantly with increased property tax and insurance, and I haven't raised rent.

You have the right to enter the property; I would bring someone with you as a witness.