Has anyone else gone through this exercise and can shed some light on the positive and negative aspects of the different approaches?

We just purchased a property through a whole seller, not closed yet, but seller has given us permission to start on rehab, but is wanting to occupy the property for 2 months.

Search BiggerPockets for Dave Meyers, or watch some of his videos on YouTube.

Is there similar information on Multi-family CAP rates on either zip codes or known areas in Memphis?

They have been covering maintenance as promised with a $199 deduction, although be aware that sewer line issues are not covered.They have not yet reimbursed me for the rent guarantee I'm owed on my 1 delinquent property, I hope we get that squared away soon.  

This is in-line with the wise old real estate adage of “Marry the house, date the rate.”2.

Best of luck on your investing journey!

What I seek is knowledge and advice on my current situation.

New Mexico has an unfortunate law against prepayment penalties for DSCR Loans on 2-4 unit multi that requires higher rates, but they don't apply to 5+ and I've seen some people have success with that size range in NM

Do you have any ideas on how I can work my a$$ off?