If you reduce your rent rolls, its going to kill your exit valuation, hurt financing, etc.

Test it out and see how it goes.

The carpets in 3 of the 4 bedrooms were cut out and taken, with the 4th still in the BR rolled up, ready to remove.

Is it normal for the seller of a multi-family property (5 units) to ask me, an investor inquiring about their property, for a Proof of Funds or Pre-approval letter when I am just asking questions like to see the rent roll, losses and profits for the last 3 years and other relevant info to do my due diligence? 

@Todd Powell Todd please look into rolling your employer's 401K to a self directed IRA.

I tested it against the BP calculator and I get the same numbers.

I want to eventually get the BRRRR strategy down and rolling but starting to think it may be to big of an undertaking for my first property. 

It’s more a one time offer of “cash” assistance to help pay for closing costs and effectively roll those allowable costs into the loan.  

Account Closed and anyone else seeing this, if you want to share your emails with me, I can create a Doodle poll for us to set up a zoom call to get the ball rolling on practicing running numbers. 

You can do a test that doesn't lie.