The house is mostly turnkey, with the seller having installed new carpet.However, I've heard concerning stories about tenants and their pets damaging carpets, even if pets weren't permitted per the lease. 

I would never contact the seller to have them make the payments. 

Also, setting up one of the units as a medium term or short term rental to increase income.

This deal was the result of heavy negotiating with the seller and the wholesalers. 

If major renovation is needed, you may need to do a short-term Fix and Flip loan to renovate, then refinance to a DSCR once it is ready to go.  80% LTV is pretty typical for a DSCR, especially with your healthy credit score. 

One's own story is always too lengthy to tell completely, but in short, that's what happened 

Is it the seller?

In a few short years I could likely move to areas where the median home price is around $100K and likely get fairly close to retirement (although I don't want to).Although you may not cash flow, I recommend starting with house hacking.

Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until late 2022 when the tenant bankrupted and moved out. 

Agreed But such a hike in such a short amount of time seems a bit unpredictable IMOThanks