What am I missing here?

Up until now my point of view was that it was a good summer to take some $ off the table thanks to the bidding wars driven by anxious people scared of “missing their chance”.

@Jaime Rossini,  there is a lot of info missing in your post to allow a full assessment but here is how I would look at the situation if I was to buy with a view to house hacking (live in the vacant unit for a couple of years).Regarding the purchase, this is how I would determine how much gap financing I would need.Purchase Price + Closing Costs for purchase and new mortgage + Cost to Upgrade vacant unit - How much can I afford to invest as my own initial equity?

Besides just doing that, I would check the MLS/Zillo/etc yourself to see what's listed as your agent may miss a property or not realize one matches what you are looking for. 

So all in all- by the time the tenant has missed a month of rent, had the 3-5 wks for a court date and another 2 weeks for a lockout it's about 2.5 months i would say.

I just missed it!

Let me know if I am missing key pieces of information.Thanks!

Let's drink, smoke, or have coffee and enjoy a face-to-face meeting like old times.

I've had some hit or miss with real estate agent and some of them I won 't work with again, unless they bring me money. 

Do I need to make up for that additional missing equity to fulfill the 80% LTV?