Did you use the same size properties for all of your analysis, and where were they located in relation to the subject property? 

Mini splits are also an option but you would need several of them to properly distribute cooling to bedrooms and such.

That's a subjective term.

You have to qualify for the conventional loan to refinance into it.NOPE, commercial loans on 1-4 units have no personal income requirements and base the loan on FICO and subject property cash flow.

There are a lot of posts on that subject and often in the end you are no longer friends. 

Since you asked, I bought using Subject To from a Turkey provider in Phoenix AZ who knows what he is doing.

However, interest and property taxes are still deductible as itemized deductions on your Schedule A.Rented for an Average of 7 Days or Less: Under normal circumstances, rentals are treated as passive activities, which are reported on a Schedule E, and net profit from the rental activity is not subject to self-employment tax.

I discovered some other threads about the subject and decided against it.

The language in the proposal is this: "Any canceled orders will be subject to a 20% restocking fee." 

There are many more to consider.If you would like, reach out to me directly and I'll get you on the distribution list for our monthly student apartment newsletter and deal sheet (summary of sales & cap rates).Best of Luck!