The tax protection and guaranteed return sounds like that it is a worthwhile option.

Those who remain interested and are willing to fight for your business or at minimum stay engaged, are the type of people you want to work with.In terms choosing an agent, explain to the others that you've connected with someone else who you feel is able to help with your needs (if they even follow up). 

Certainly sounds like a strategy, though maybe not one that fosters a good working relationship?

My advice: it sounds like you’ve built a nice little nest egg.

Sounds great, Udit. 

It might sound even weirder but that loan amount might be too small for some banks too.  

If you see 3 beds and 2 baths, and the prospective tenant sees 3 beds and 2 baths, then it gets rented as 3 beds and 2 baths.What I would be concerned about is whether the building department is going to issue some kind of penalty or require work to be "undone" because the work was done without permits.It sounds ridiculous, but that kind of thing happens, especially when another whole unit is added without permission, and even more so if it's added in a potentially unsafe area like a basement or a 3rd floor with no fire escape.So that's why I'd recommend explaining the situation to the building department and asking whether it's something you need to be concerned about before buying this property.

It sounds like from your post there is a chance the tenants may leave if the rent is raised.  

This sounds way too detailed to be merely hypothetical.But anyhows, to answer the question, I'd have to say BOTH.

It sounds brilliant and obtainable to me because lots of capital is not required Thank You!