So, no matter what, don't give up, keep your dreams alive and the things you have always wanted will manifest themselves.   

Although no renovations were needed, our efficient project management and market analysis ensured the property was quickly flipped for a profit.

I hold fast to the 3x rule only because my requirements (3x income, no evictions, no felonies) is on my listing. 

No REP or STR needed.

I live in miami florida now and I moved for larger scale developments here because of the net migration but columbus ohio the economics allow for that. existing inventory has been tougher and at the pricing inc columbus you may as well build new because you can build new less than replacement costs in a lot of the markets downtown. it's about being in adjacent downtown neighborhoods where property values and rents are higher. land values are the biggest driver of how well you can buy land to develop followed by permitted uses or rezoning applications. 

Also, isn't this against the buyers best interest since it no longer makes it the best offer?

Feels like no deal at the moment.

Triplexes and quadplexes are rare and if they are up on the market they are either new construction and very expensive with no cash flow or they need a tremendous amount of work. 

@Allan Wu take into consideration that tenants are not going to be as careful as you would be, so make sure your lease states no flushable wipes, paper towels, feminine products, etc., that easily clog and that they’re responsible for repair if used.

He has no money.