To minimize risk, lenders should assess the property's value, maintain a low loan-to-value ratio, conduct thorough due diligence, and use legally binding contracts.

I also agree with about the photos, you need to hire a professional, you don't even have lights on in many of the photos, it looks dark and dreary, plus the dead grass...

I caught it before closing which minimized my damages.

While you may not make significant passive income renting the other side or the other three units, you can probably cut your living expenses in half or even live for nearly free in a 4-plex.If I had to do it all over again, I would have taken this approach at your age and purchased a 4-plex every year or so with minimal down payment.

None of this is useful without knowing the age/quality and ease of replacement tenant if it goes dark.

I've come to terms that some negative cash flow is to be expected in my market, just trying to minimize it as much as possible by structuring the deal.

Considering the concept "you make money when you buy" how would you reconcile that against your recommendation that a new investor starts with a turnkey rental vs a property that needs even minimal work so there's equity in the property after repairs/upgrades?

Partner Driven was drawn to the N Pasadena Ave property in Waterford, CA, due to its potential for a high return on investment with minimal renovation costs.

Similar to what's included in this post but comes preloaded with costs and requires only minimal measuring.  

The interest rate obviously won't be as good but maybe you can find a deal with minimal cash down.