I also wouldn't tackle another full rehab project similar to this unless the sales price was lower.

Most of the lenders I’ve had contact with have the 25% DP requirement, high rates, and high closing costs 

The capex is 3% and ROI is bad even with the appreciation.I keep looking but best places now to invest in plexs is Fort Worth and Arlington, there is a lot and with good returns.I am currently working with a group of investors to close a couple of duplexs, one in Arlington and another one in Fort Worth.

He could not really get it lower.

Thank you so much Account Closed!

I would say yes because it ultimately effects the borrowers DTI which raises or lowers their purchasing power 

Once you close the problem with those tenants whom you don't have a relationship / history with will be yours. 

I checked a two locations and they both have numbers that are very close to each other.  

The relatively lower property prices and steady rental income potential make it an attractive option for investors.2.

The previous closing attorney got you what you needed to protect you.