Surprised nobody has mentioned that you shouldn't be using a cap rate to determine your offer.This is a residential property since it's under 5 units and it's value is strictly based off comps.Look what other comparable 4plex's have sold for and then decide your offer based on that.It could very well be that you're just in an area where the price to rent ratios don't make sense.

THe prices are crazy compared to what we could rent them for

While comparing investment opportunities an investor needs to assess risks associated and then expect a commensurate return.

I am looking to open a business account for investing purposes.  

I've had properties that I intended to be a quick flip that ended up with good tenants so I held on to them for at least a year for tax purposes. 

If the cash flows are positive in either case (buying and not buying points), is the advantage of a lower interest rate really only observed after so many years of tenancy compared to not having bought points?

Sounds like the question is more about the trade off of (time and money going into a commercial-to-residential conversion) compared to (savings from better loan terms)...

@Terrence G SimmonsThe purpose of life insurance is to provide for your loved ones who depend on you financially in case of your premature death.

Hi, my name is Ryan Clevenger and I'm new to Bigger Pockets and new to real estate investing on purpose. 

Basically, the husband liked this comparable house, while the wife appreciated and even loved the layout of my house.