I guess your argument is that this is particularly tricky in the current high-interest, high-price environment, which is a point well taken.

Agree with the posters above- but you also need to know how and IF property management is regulated in your state.

We don't have a lot of small multifamily.Upside-Landlord friendly, great growth, diversified economy, great central location, business friendly environment, no state taxes, population growth, job growth, probably wage growth. 

The change in regulations isn't about lowering commissions, it's about clearer disclosures regarding how commissions are paid and forcing agents to be better fiduciaries to their clients. 

There is a list of rules & regulations to follow.

Buyers responsibility to check with local codes and zoning regulations if they intend on changing use of property.”

These loans don't follow TRID and other regulations for Conv/FHA/VA loans.

A bank will not go above 75% typically so you have no ability to borrower or maybe get out $20kIn this environment with high prices and rates - I personally don’t think it makes sense to borrower for a down payment as you are just over leveraging with multiple sources of loans.

However, laws vary, so it's crucial to understand your state's specific regulations. 

Round Rock is a popular choice due to its proximity to tech companies and good schools, while Pflugerville offers a quiet suburban environment.