Our main focus will be investing in multi-family/condo/townhouse properties branching into SFRs and eventually land development.My father-in-law currently owns 90 properties and is about to start developing land and building numerous units.

But if that is the main objection, I'd sure give it a try rather than lower the rent.

A seller that has nothing to hide will not object.

I'm also a Realtor in our area, so if you need any objective input on MLS data or if you have any questions, I am always available.

We have done numerous, farmhouse or doggie bathroom, a few years ago.I always got rid of or moved the utility basin and installed a small vanity and mirror, Enclosed it with walls and a door, painted the floors and it always passed as a bathroom, for mls listings and to be honest, never paid attention to the apprasials if they counted it as a second bath, assumed they did, the houses always appraised.

I know every individual is different based off their goals but I have heard numerous things to wholesaling is best but also very risky to buying and holding so I just wanted further feedback on this. 

This is also a valuable exercise for those that say "no" as you may be able to overcome those objectives as you are negotiating the deal.  

I find that before no time at all, I end up with numerous web browser tabs open--sometimes telling myself-- "oh, I need to come back to this and really dig into this info... but at the moment, I'm following other info down numerous rabbit holes."

Depending on numerous factors and the documents submitted to support a lower offer factors may vary.

Generally what one of the seller objections to owner finance is that they're worried you won't pay.