Investor.

The current use of the property as a two-family dwelling significantly impacts its value and marketability, which is distinct from single-family homes.The initial appraisal comparing your property to single-family homes is likely an oversight, as multifamily properties are evaluated differently due to factors like rental income potential and investor interest.

A “1031 exchange investor” would be someone who’s already selling something and wants to buy something else.

So purchasing larger and larger properties allows investors like Benjamin to purchase more depreciable basis while continuing to defer and recapture.  

I am an investor, agent, and mortgage lender here in AZ who primarily does investment transactions.

We are looking into investing in Hot Spring and hope to make some connection with local investors.

There are lots of larger investor meetups around Charlotte I'd be happy to share!

Another strategy would be to partner with another investor who could provide more liquid capital and how obtain a DSCR loan on this property. 

I went to school in Michigan and worked in GR for several years, so I'm fairly familiar with the areas, but not as an investor.

Read Gary Keller's The Millionaire Real Estate Investor for a deep dive on expenses.