I invested some in crypto when the hype happened and lost most of it when I had to sell for cheap.

If you want to be as cheap as possible maybe you buy and install 4 window units and offer the tenant to leave And get all their deposit back. 5.

However, I live in LA so the cost to live isn't very cheap. 

If you do your own thorough analysis of the metropolitan area, neighborhood and property, you have a much better chance at being satisfied with your investment.For example, I'm not sure what market/property you are looking for, but given the $6k out of pocket number, it's likely a cheap property in a B/C neighborhood.

Unless the people were significantly value oriented (think super cheap) 95% of the time they would move on to another location over taking the double beds.

This is because I realized that it's mostly about cheap all-inclusive resorts you can't compete against and all short-term renters I met across the country hated Punta Cana for that very same reason.

I feel like I don't know what I don't know, and I feel that jumping straight to an investor-backed leveraged multifamily deal as a first timer might be a bit too much.Yet, I see no other way to enter the multifamily space as the entrance barrier is high, and cheaper deals in tertiary markets are often cheap for a reason.Would love to hear your thoughts on whether jumping straight to a multifamily syndication is reasonable, and if so, what would be the best path for me  to make a deal happen in the coming months?

All I had to do was disconnect the icemaker line and install the shut off valve onto the existing line so that the Home Depot delivery crew could install the fridge seamlessly. 

@Jason ColemanI would just focus on increasing overall net worth/cash flow instead of paying down what is likely very cheap money-especially when you’re likely to borrow it again in the future.

If you know what you are doing, you can buy them cheap, fix them up cheap, and then sell them for a profit.