Of course, the past couple years had been a red hot market with record low interest rates where a hypothetical 4plex worth 700-800k, you could have been getting roughly $1000/month in principal paydown - which is a great return on your investment.

If so, this is a red flag on their integrity as they should have disclosed it to you upfront.Run, don't walk, from them, as their integrity will NOT improve.

The Kansas City market is red hot.

Byrd  the better question might be, what's wrong with the egress at my property that is raising red flags with the appraiser?

This seems to be a larger bank, that has multiple departments scattered across the US with quite a bit of red tape.

Location is 02780 Taunton, MAAnalyzed as fully occupied but I will be moving into 1 unit so that will drop the rent by $1350:Rents: $1800, $1600, $1400, $1350Total rent: $6150Purchase Price: $650000Market value: $700000 (based on my market analysis, there are multifamilies in the area with less square footage and less bedrooms that sold above $600k and a couple over $700k)Down payment: $130,000Closing costs: $10000Renovation costs: $0Total out of pocket: $140000Total reserves: $20,000 (stretching a bit with the reserves, have to liquidate some things that I don't want to liquidate, but it's there if I need it, $5000 is liquid at the moment)Mortgage, taxes, and insurance @4.75% interest: $3580 (I think taxes will be lower the first year but just preparing in case the rate is reassessed after purchase)Vacancy rate 10%: $615Management: $200 (I will be keeping the current property manager and he only charges $50 a unit, red flag?

Oftentimes, just an in-depth conversation on the process can throw up some red flags. 

Her name is Jessica Maloney with Red Rock Realty.

There are a few red flags here.

It's important to fully screen tenants, paying attention to red flags and call references.