You have no obligation to rush into a bad deal.  

If the rental number are bad it's time to sell and move into another deal. 

And we know there is NOT rampant "bloat" in rent prices because if there were, it's also simple math that landlords would be rushing to create additional units to capitalize in that "pay day" right, because it's "bloated" rents, meaning over sized profit margins, which to be true would mean it's "cheap" to create new units vs the over sized profits it's producing.......

Lots of different options here.There is always a private money option - either a one that you find through referrals (like Roman Labos mentioned above) or you have a friend or family member that will finance the deal.

Tenant Preferences:What are some preferences or deal-breakers that I should be aware of when selecting and marketing to these tenants?

Hard doesn't mean not negotiable and the entirety of negotiating a deal is hard anyway, it should be.

Why don't you think you can't find a BETTER deal than this elsewhere?

What made you interested in investing in this type of deal?

Not saying it won't be a good deal but you have to know that vacancies can last longer the lower the population.

Purchase price: $1,280,000 Cash invested: $400,000 we were presented with the deal by a flipper needing to exit the deal. it was only rentable for $4500/mo as is, so we created a second unit. now it brings in $7200/mo What made you interested in investing in this type of deal?