If you would could you take a look at the reply above at the information I provided about the deal and then give your feedback on that.

When I finally got feedback from the appraiser, it turns out they walked the property and decided it's not a fourplex, rather the "highest and best use" is a duplex and two townhouses.

I appreciate any feedback from investors/landlords who have actually experienced this about how they handled it.

I really appreciate everyone's feedback. 

@Derek Lacy - thanks so much for the feedback!

I was just curious if anybody here has any personal feedback on investing in that area and can shed some light (other than numbers) on why that place would be worthwhile.I apologize in advance to anybody who lives there and loves it.

Thanks for the feedback.

Quote from @Troy Froistad: Thanks for the feedback.

I’ve included a draft of the updated lease agreement and if anyone has any feedback on it.

@Jessica Heller- contact  several  lenders on the  same  day - provide them  with the  same criteria -  get  some  quotes and ask the  questions you have  ...compare the date and the feedback received and then make a  decison on  starting the pre approval process