Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point.

A new lease has not been provided or signedyet and I mentioned that those items would necessitate an even higher rent on the new lease if we could come to an agreement.I told them I would give them options shortly.

Purchasing an out-of-state tri-plex that is 117 years old as your first property (even if a lot of work has been redone) is going to necessitate a lot more diligence on your part before you can say it's "good". 

If I am buying up decent properties for a couple thousand each and then renting them out, would that really necessitate using OPM?

I would say it is on life support because after refi the negative cash flow necessitates extra reserves.

They are supposed to be more likely to have repair parts for in the future where the big-name units are obsoleted necessitating system replacement when a part could fix the problem if it was available.

This necessitates a lawsuit and everything inherent as such.  

In contrast, mid-term rentals have fewer turnovers, resulting in lower operational costs.Less legal and regulatory complexity: Some cities have strict regulations regarding short-term rentals, which may necessitate permits, taxes, and compliance with specific rules.

Not only are there no banks or traditional lenders involved, owner financing doesn’t necessitate an inspection or appraisal unless the buyer wants them.Once a buyer and seller agree to terms, monthly payments are made to the owner-seller according to an agreed-upon amortization schedule.

This necessitates expanding slower than most people would like but it helps to prevent your investments from collapsing.