You are definitely not alone as this is Delta's MO. 

Bottom line: match capital to timeline, and never lose a good deal arguing over a small rate delta.

The bigger the delta you can build, which I call your savings rate, the more money you have to invest.

Looking at the delta between the three, or more options that you have as far as after tax pocketable cash might be a good start.

Personally I have not done MTR but the experiences I heard of usually indicate that MTR is treated more like a business with higher turnover, less responsibility of the tenant, and larger up front cash investment for furnishing.You have to really run the numbers to see what the delta is between MTR and LTR and if it is worth the extra headache and hassle - because it will be more work, but that is also why you will get more returns. 

For example when calculating cash on cash on a 400k home and comparing 0% Down VA scenario below vs 5% Down Conventional here is the benefit when calculating cash on cash:400k Home with VA loan your payment is 2209/m and with Conventional your payment is 2490 a delta of 234/m.Assuming that insurance and taxes are the same totaling another 800/mNow your total payments are $3056/m for VA and $3290/m for ConventionalYour closing costs are the same: we will use 5% for simplicity which totals to 20kFor simplicity again, we will assume property is turnkey and needs 0 rehab for our gross CoC calculationsFor 5% you need another 20k for down payment putting your all in costs for the Conventional Scenario at: $3290/m with 40k all inThe VA Scenario since we are putting 0% down is $3056/m with 20k all inAssuming rent is 3600/m - lets just say its a duplex with each unit rented at 1800/m, your gross cash flow for each scenario is:VA: $544/mConventional: $310/mCalculation CoC;VA: $544*12 = 6529 Annual Cash flow, Then divided by all in cost: 20k - 6529/20000 *100% = 32.64% Gross CoC Conventional: $310*12 = $3720 Annual Cash flow, Then divided by all in cost: 40k - 3720/40000 *100% = 9.3% Gross CoC Thats a 351% increase in CoC return in comparison to Conventional!

If you are doing a flip with $500,000 loan the delta between 9% and 11% is only $10,000 in interest, whereas change orders easily over run that amount.

If these numbers are accurate, would pursuing it be too aggressive given the small delta between the new potential monthly payment and current rent?  

Sterling and Delta surrounds eliminate grout maintenance while providing the modern look Rochester tenants expect.

It's like Delta Airlines announcing there getting into the luggage business.