Get your buy box down, remove all war zones from consideration, I personally look for 2-4 units for fixed rate debt.

Avoid any of the "Heights" in Cleveland, those areas have POS which is a pain and capital intensive on a deal that needs extensive repairs.

taking all this into consideration, using the Bidroom in conjunction with the 11% Rebate Match will get you the best deal.

And that doesn’t take into consideration the $400K.

looking to build a duplex  in houston independence heights

Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?

IOW if the height difference is 48 inches, then the lenghth of the ramp is 48 feet. 

I will take your points into consideration.

Location, location, location should be your biggest consideration and I'd strongly recommend staying within an hour of where you live.

You can get a lower LTV DSCR loan and break even by renting it, but consider that interest rates probably won't drop considerably for a couple years, there are typically prepayment penalties associated with paying the loan off before 3 or 5 years, and there are costs associated with refinancing.