Paying down a student loan won't positively affect your leverage to the same extent.

Wouldn't a 5-8 unit be better because a vacancy wouldn't affect you as much?

Are the blinds that were affected on the sunny side of the room?

Assuming the hard money loan doesn't show on my credit report to affect my debt to income ratio and since i would had bought the property cash and i would not be bound by the rules of holding a property for a certain time before refi if i had a mortgage on it.  

Remember too, playing with the interest rate you offer for owner finance affects things as much as the actual total price. 

It will affect his credit and DTI, his primary residence won't be held as collateral so it won't be at risk. 

Learned a lot around contractors, designing, architecture costs, materials affecting overall budget.

And, how does the availability of utilities, or lack of them, affect the valuation of the property? 

Here are a few examples, divorce, job relocations, health issues, foreclosure pending, and a long list of issues that affect the emotional stresses of their lives.

Rinse and repeat