How is the market performing?

But the 320 unit and 296 unit apts I recently invested in are expected to perform much better in yield and IRR at this time in the RE cycle.  

Additionally, you'll also need to confirm the rents.  

There is work that needs done on the property, so we'd have to be creative with where we pulled additional money from.

Owning a lot of SFHs for cash means low levels of risk, but also lower levels of return, since cash locked into a home is only performing at the rate of return for that home, rather than leveraged for maximum return.

Stairs are additional.

Also, had a wholesaler tell me when I first started that he would buy a home and sell it to just make an additional 5-7k on it.

Be warned that most QI's are performing safe harbor reverses under rev proc 2000-37.  

.-  Basement is unfinished but has some existing plumbing, garages, finished walls,  etc. and I conservatively estimate $30,000 to build out each of 2 additional  units

In addition, it could be that the seller has died.