With the amount of homes we sell every year, occasionally we run across a situation where the appraised valued comes in much lower then the actual sale price.

A few tips:Prioritize the high interest payments and "snowball" to the lower interest. 

The loan is Tier 4 in terms of LTV & DSCR (lowered rates due to higher tier) and I've been offered rates of 4.33%, 4.58%, and 4.65% respectively.

Overall, I am considering lowering lot rents to $250/month to limit the net increase to only $15/month for now.  

Dave,Great thing about the VA loan is $0 down and lower interest rate. 

They also seem legit and have good reviewsI will use my escrow company; they quoted me a lower fee for the same policy, and will negociate to have the legal and doc fees waived

These comps are renting lower, no garage or second lot(highly sought after from tenants in Cleveland of all places in the densely populated city), and worse location.

The idea would be sellers are eager to get rid of the property and, therefore, more willing to take a lower price.- Search Craigslist for FSBO's?

A) Location location location - there are only ever so many places that are going to be walking distance from the chairlift, and so investors are willing to take a lower cap rate with the expectation it will be more than made up for in the end with appreciation. 

So in reality you would only be saving 3% and there would be less motivated buyers viewing their home, which typically results in lower offers and ultimately a lower sales price.