My experience has been it's just those very few tenants that make your life hell.

An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k) , and I could take the year to repair/renovate, manage, rent, repeat the units in the MF qualifying for REPS status (50%, 750hrs, material participation, etc). 

House hacked a couple of properties here and it changed my life. 

Additionally, you may find that the pressure of the hard money loan will cause you to go faster and make poor decisions, or life could happen, and you could be delayed in completing the rehab.  

Anyone that has been in the business long enough will have lost money for their investors.Ultimately, while I don't like that anyone has lost money from con men acting as syndicators, if your syndicator is more focused on talking about financial freedom and creating a better life, they are a marketer.  

Back house but luckily deemed permited ADU exploded.https://www.yahoo.com/news/beloved-father-fighting-life-icu-...

They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

Do you want to live here 1-2 years and then buy something else, or is this your near term home until something in your life changes (kids, job)?

I’m also at a life stage, where I’d prefer to just live with my partner and not rent out individual rooms in my unit.When I move out, the rental income would sometimes just barely cover the mortgage and taxes (usually not even insurance).

Have a specific situation in my life.