But you also state that "there is no other option", which means that the Seller can take their sweet time, they have you by a hook.

For travel nurses in-unit or at least W/D available in the complex is a huge advantage.

It gets pretty complex fast. 

Rent to Rent, Buying a house with your own money, buying a single family home, apartment complexes, trailer homes, air bnb's, short terms.

I'm looking for opinions on what a "sweet spot" would be for a good deal in your opinion.For example, properties I'm looking at pass the 1% rule, and 50% rule, and need about $40k in total investment to get market rent for all units - where the house would make 54k per year in rental income, before all expenses (about 50%).

If it is an existing complex, try to see if you can renovate the majority of the building or raise rents but I would use leverage since I believe a refi boom could occur at the end of 2023 or beginning of 2024. 

It isn't as consistent as say, a 20 unit apartment complex.

Typically these are reserved for single-family properties but since they're the highest leverage you can get they can put you in a good cashflow position if you're willing to make two units or rent by the room.In terms of looking at 2-4 units, the sweet spot tends to be 3.5% down on an FHA loan for a duplex.

After the next rental (duplex) I thought "Sweet, this now pays for all of my personal utility bills!

What financing options do you think is best for this situation.Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal.