I know this is VERY broad and specific numbers would need to be analyzed, but I'm merely interested in ppl's initial thoughts on the issue.

What a feeling to be financially free at 56 yrs old and to focus on me RE management of the assets, expansion, and disposition (refi) at the moment!!! 

But from your post it sounds like you’re having some inner conflict and the real estate question is merely a catalyst.

Many good seller attorneys will modify the language in the contract to state that the "mere existence of a lower appraisal will NOT void the contract automatically,  but will only be applicable if it results in the lender denying the loan for the original amount required" or some similar language.

And since you live in the same building, these are merely inconveniences that you should be handling on your own.

Also understand that those proposing these measures have clearly indicated that these initiatives represent merely a first step in their long-term plans to effect the single largest wealth grab in the state's history.

e.g. who manages the day-to-day, who is merely contributing capital, how distributions are handled, how profit and loss allocations are handled, buy-sell agreements, etc.Make sure you talk to your advisors. 

(and cross your fingers that it is merely an oversight your new tenant will correct immediately)Although hopefully you have a clause regarding cancellation of lease by landlord for falsifying information and you can avoid the whole headache. 

When I’ve got $20k+/month coming in per property I see interest merely as a way to pay less taxesAgree with @Luke Carl - too much Ramsey, not enough Kiyosaki 

Remember that 1% rule and cap rate are merely qualifiers that will make you look deeper into the purchase.