No choice there, and I wouldn't want to do otherwise. 

@Dan HoodWelcome to BP,Good luck and good choice one the Dayton choice.It is a great mix of markets in which every one of them fits investing quarters you will find great returns.We own in various neighborhoods a couple of dozen of houses there and are very pleased.My recommendation for you is,Learn out of finding off-market good deals.For this is the most desired skill/ commodity.And will serve you at any marketNot to mention that most professional activity Real Estate Investors have their own marketing ways.Also, try getting some knowledge about creative financing for there is a wave of opportunity upon us with all of the eviction moratorium and forbearance coming to its end.

While this isn't the best choice, it may be the most practical/only choice.

I guarantee you, when you find your perfect larger multifamily or commercial deal, you are going to be scrambling to refinance your three properties, and the opportunity will slip through your fingers.2.) 

You have 2 choices at this step and 1 will fit you a bit better than the other. 

@Stefan Christensen@20% downMortgage is 1600(including taxes)+350 for expense mentioned, less 100 for income1850 a month cost of ownership.Property makes 725x4=2900Looks like a perfectly fine deal.

Perfect, that is more or less what I anticipated...thank you very much for your help

(I couldn't take money until I closed on the property, and I have language in the contract that I keep your security deposit if you break the lease.)2) I think I made good choices as far as my purchases went. 

Likewise there could be a perfectly renovated house that's worth $100,000.

Lots more hand holding and guidance through the process.In the end it is the seller's choice if they discount their price or not, but chances are they are still fully compensating their agent, based on their listing agreement, not because the buyer is unrepresented.