Best case scenario: You buy in the off-market later this year when competition is at it's relative lowest, and then interest rates drop at some point in the next few years, and you can refinance. 

You have to really work hard to find property off-market, or you have to change how you buy to make the numbers work.

In hind site I would have performed underwriting for a tear down and compared the two but suspect I would have gone with same decision because my underwriting on rehab was so off.  

You must have three years of possession to burn off all redemption rights.

I lucked out and found a great cash flowing 4plex, but it was an off market buy and required months of negotiations.  

By short I mean about 6 months to buy a DSCR backed house and then I pay off interest for those 6 months and the principal and then I become sole owner?

Next, if your aim is to do development, I think its very important to start off with a vision.

Once you add up the lost rents, damages, and increased liabilities this tenant brings you're better off starting proceedings now.Another option?

If you do not have the means to pay off a loan that did get called, then you should think twice about it. 

So I pull up some neighboring comps, hoping that if I add the 5 comps to MM, that screen will no longer pop up and then I can then turn off the toggle switch.