., ensure the loan period term is much longer than anticipated hold period, DSCR must be at a certain minimum level), but it's still a much bigger consideration than with small multis which have 30 year amort periods.Lane Kawaoka, congrats on your latest syndication which utilizes 30+ year HUD loan.

Nothing I've looked at so far would be a good deal unless I made considerable improvements to justify a higher rent.

If you factor in your lending costs and still find that you are left with your desired profit margin, hard money is still a considerable option.

Since then, we've been dropping the rent and are now $105 below the amount that I thought would be a realistic floor based on comps and on the opinions of a couple real estate agents who have no interest in the deal (comps taking into consideration location, size, and state of renovations of course). 

Our market has increased considerably since then. 

I figure there is no need to continually move while house hacking and living in this unit (if I'm able to acquire it) will allow me to free up considerable amounts of my w2 income for investing elsewhere. 

But check out this article for things to think about with house-hacking-https://www.biggerpockets.com/...It's kind of unsolicited information since you weren't asking about the strategy, but I only give it to you as maybe it can help with considerations about the market and the numbers.

Take in to consideration PM, repairs, Cap and you are paying out of pocket every month for someone else to live there.

Went to contract and offered $181K taking into consideration the roof.

They might argue that cost ought never be a consideration when it comes to credible results.