Their focus on attracting higher-end guests may reduce potential issues.

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

My focus is on uncovering properties priced under $800K with the potential to gross six figures annually.

Also, good call on the potential rent control- I will research that a bit further. 

That is where LPs can feel free to share their real experiences without fear of any potential bad blood or retaliation from GPs.

Duplexes or small multifamily properties, even with value-add strategies, rarely match the potential of single-family homes in the right neighborhoods.In summary:Don’t be discouraged by low cap rates—they reflect market expectations of future growth.Focus on single-family homes with high equity potential in desirable areas.Avoid chasing the "economy of scale" myth with small multifamily properties—they often come with higher turnover and lower buyer appeal.Think long-term: prioritize properties that grow in value, even if cash flow is tight at first.

I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?

All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

That being said, if it provides me a significant advantage or a starting point, I think it would be foolish not to utilize it.Therefore, given these two different perspectives/starting points, I'd love to hear any potential advice on which strategies/niches to focus on first, and for which starting point.

I saw some properties today, only one of which I thought had potential, but an offer would have to be pretty low to hit the 70% rule which is the goal.