When I asked why I was paying for a service fee during a period where I never turned on service, the customer service person explained that even if I didn't have service turned on, and there was no usage, there is a monthly fee for the line that runs from the street to my house so that when I reconnect, they don't have to rip up the ground and put in a new line.To me this sounded ridiculous and the power and gas companies are not charging any such fees. 

What this CEO was referring to is the government’s support of housing through the GSEs, which provide very good loan terms for multifamily owners, and his statement was that this is a good source of takeout financing for their borrowers.  

I own a house that I turned into a kind of travel community hub.

I normally go by my last name, Lima, and I'm looking to connect with investors to help me acquire single family & multi-family homes out here in the Sacramento area, in order to help mitigate the housing shortage for our homeless veterans.

The previous Owner had purchased the property in 11/23 and did a comprehensive update and then had to suddenly get out of it.

Try using search keywords "seller financing" or "owner financing" in Realtor.com in your area... 

With closing costs, housing costs, agent commissions, my HELOC costs, I estimated about $20-$30k profit, depending on sale price.But, now I am thinking this would be a great BRRRR to learn those ropes as well!

That said, everything I read and Realtor friends I speak with confirm that sales are far and few between in residential housing at the moment. 

@Connor ChatlosDenver and Chicago's high property values make multifamily properties ideal for house hacking.

House hacking is great.