Research and learn the different aspects of the industry. 

Additionally, local laws and regulations can also impact the speed at which an eviction can be carried out.Understanding these key aspects of the eviction process can help landlords and tenants navigate this challenging situation more effectively.

Sounds to be like "burn-out" on single family homes, I'd rather have 3 houses than 6 apartments any day (comparable properties), from just about all aspects, financing, liquidity, marketability, vacancy, insurance and time to manage, residential SFDs edge out small multi family in my book.

As @Dmitriy Fomichenko mentioned, you cannot personally guaranty the loan and the limited recourse aspect navigates that requirement.

But yes, I didn't consider the political aspect of living in a HOA community and doing something like this. 

In what areas or aspects did the legislation on the lease option niche changed in the last year?

You can do DSCR loans or Hard money loans, where they only focus on how well the subject property performs in terms of the rental aspects or the ARV aka after repair value.

@Eric DeNardoI had not actually thought about that aspect of it.

(CAD) There are 3 aspects of the rezoning process with the possibility that the re-zoning does not complete.

@Aaron Francl Thank you for providing a couple aspects to think about as I embark on this journey.