We have bought only a handful of 2nds but to me, the 2nds game is a volume play.

If you want to attempt to rep yourself, you have to play the game too.

So I wouldn't see how 6 months would come into play on this. 

They make things way too difficult compared to a simpler, DSCR solution.The type of lender also plays a large role here. 

He played on my emotions - it's easier than finding properties and dealing with tenants, PMs, etc.

You're developing plays at the collegiate level, but you haven't even played a pickup game with your buddies to see if you like the game or are any good at it.

Thats what I would do next and you can really just see what the numbers tell you (and look at different rate/refinance scenarios how it would play out in the next few years)

4) Due to all of the above, high chance they start playing games with other tenants, leading to bigger problems.5) What happens if you have to part ways?

Fast decision-making played a crucial role in this successful deal.

I'd look at when the next unit lease expires and you can either...Delay closing until it's expired and vacantGive them another offer that's less enticing to not deliver the unit vacantWhen it has to do with financing the playing field is pretty level, every buyer will be able to get more competitive with a vacant unit