Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

If you don't have the extra cash, can you get creative with a private lender or partner stacked on bank debt? 

Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

Are people paying for extra flood insurance or other insurance?

It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC. 

then theirs charges 1000s in extra fees. 

Can usually allot 5-10% vacancy factor and same for maintenance.Class B usually also okay, but needs more attention from owner and/or PMC.

I usually use my bank (CIBC).

I'm sure people would pay extra for some kind of "meal prep/private chef" type package in their living situation.You've got the right idea thought, but don't be afraid to reach...nothing wrong with dropping your price after a couple weeks if you don't get any interest.  

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.