@Louis BarkhuizenFurniture, if it can be properly separated in the purchase price would be great.Depreciation for furniture is a lot shorter/faster than the depreciation of a building(27.5 years!).

They wanted me to be in and out faster than I was comfortable so I was looking at agency debt, mainly a conventional at 15% to 20% down.

Perhaps you an HML local to you now can help with the additional cash you'd need for a faster flip (or maybe a family member?).

The top end appraisers have small teams and systems in place to help them get the reports out faster which is why they are so successful.

Cash offers are usually faster closing as well as taking the financing contingency out of the equation.

In reality most sellers wait 2 weeks longer for an extra 5k and if faster closing is not even desired the advantage is reduced down to risk of failed financing.If that is a concern and you believe in your ability to finance you can put your earnest money at risk and make it an amount worth while.

The 20 year is very advantageous for two reasons -- I only increase my monthly payment a bit, but I shave off multiple years of payments AND typically the equity I'll build on that will be faster.

APPRECIATION - This type of buildings have had the tendency to go up in value faster than single-family homes & even commercial buildings due to the fact that when you raise rents, you do it for 3-4 units at a time, which automatically raises valuesGood luck to you and reach out if you need further strategizing!

At a time (like now) when rents and home prices are increasing much faster than household incomes, any program that helps tenants ease comfortably into home ownership is going to be a winner!

The ability to base the value on NOI also gives more room to refinance and pull your original equity out faster than SFR and you are not totally dependent on what the market is doing.