So it would be hypothetically cashflowing $100 a month after a 10% vacancy 5-10 percent maintenance depending on condition of property and so on… so it would be after all those expenses otherwise yeah it wouldn’t count you’re right

The house was already in a great condition.

Appliances no longer in a new condition.

The property is in good condition so I will likely not need to do any major renovations for a while.

I'm out of state so don't have a good sense of the market condition other than what my PM told me.

Otherwise, you are back to <80% LTV which puts you back into the realm of commercial lending as well (aside from its poorer terms and conditions normally).  

Our offer contained a condition that we would increase our offer by 5k above their next best offer up to a certain amount.

But we can’t commit to majority of the duplex’s that fall in range of FHA loan limits due to the conditions they are in.

When we have one roommate vacate, we require that all the other roommates sign off because they are now liable for the property going forward including the condition of the vacating roommates space/room.

Especially if they are also waiving conditions and inspections.....you will never win.So if you can't compete with your opponent in the game, find another game.....go where they are not.Ask yourself questions.....where are cash buyers not going to want to buy?