The only issue w/the keypads is then you may have extra maintenance calls. 

Sometimes it's better to only put the minimum down because the break isn't significant enough when you put down the extra 5%. 

Syndicators make an acquisition fee just for buying the thing, management fees, a disposition fee for selling the thing, and have the opportunity to earn carried interests in the form of 20% of the profits.

Having the cash means you can balance a higher amount down to make sure you earn the cash flow you want monthly, but also leave some around for more. 

You can not charge anything extra for a service animal.

I couldn't justify the extra cost by outsourcing until I tried a large mailing myself.  

Besides my current rent, I still have to pay an additional $1~2000 for the mortgage, etc.Pros:Better financing rates than for investment propertiescan manage it myself to save the PM feehaving my own place without worrying about rent increasesCons:May only afford a small townhome or apartment, not sure if I still want to live there after 5 yearOption 2: Investing in Out-of-State Multifamily PropertiesI could use my cash to invest in several multifamily properties out of state and use the cash flow to cover my rent.Pros:Potential to spread risk across multiple propertiesThe cashflow can cover my rent, maybe have extra leftCons:Additional costs for property managementLimited potential for appreciationHave no experience in managing OOS property, and I am afraid it will be annoyingI’d love to hear your thoughts or any advice you might have.

Investors buy shares and earn returns through dividends and potential stock price appreciation.You typically can’t lose more than your initial investment with publicly traded REITs.

For me, a "Good" Sponsor looks something like this: - Fees more or less result in a solid full-time salary for sponsor, not millions in upfront compensation:  Fees are structured such that the sponsor earns a good living while managing your money, but does not make a killing until your money is returned.

Your only real question here is how much additional equity can you earn before you sell before the rate resets and before you lose your capital gains exclusion, versus the opportunity costs if you sold and cashed out now.