Managing expectations is key. 

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.

Here are my key takeaways:Tenant Screening Matters: The challenges I faced with the garden unit tenants reinforced how critical it is to have a thorough screening process and not stray from your requirements.

Lenders may ask for these when determining the post-renovation value.The After Repair Value (ARV) is key to your refinance.

The key to success lies in ensuring you're entering the market at the right value.

Lastly, having a reserve fund is key to offsetting unexpected costs, especially with reduced cash flow from the loan repayments.Hope this helps, and congrats on tackling creative financing!

The key is to have clarity on what each offer and then decide what’s best for you.

I am just going to have enough passive income to do the things I want to do without having a w2.The key words seem to be "if needed".

It becomes risky if you buy an investment that won't pay you back in year one so having a strong buy box and knowing your numbers is key!

That said, complying with local ordinances and ensuring the lot isn’t in a restricted area will be key.