Totally agree

I went to a learn-on-the-site program that our local REIA had recently.  3BR/3BA house, owner is probably in 145K after fix up (I know the purchase price, don't know what was spent to get it ready after purchase) and a handful of years later it's now worth 190K. 

A bird in hand is worth two in the bush style. :-) In summary, AI is not a replacement for traditional methods, but rather a powerful tool to complement and enhance them. 

Architecture did a design and well respected contractor estimated the buildout of 4 plex would be an additional ~800k for total project cost of ~1M. it would be ~1.2M for the 7 plex.  

I totally recommend it.

One can be close to a hands off, passive investment depending on a few things.

A handful of DSCR lenders will cashout refi after 3 months seasoning, but the vast majority require 6 months.

On the other hand, these both are markets that are growing steadily so once you improve the property the equity is there.

My total expense ratio on each property I own ranges anywhere from 40%-50% annually, but I also self-manage and am not a slumlord (I am pro-active with maintenance, not reactive).

Over the summer I used a VA loan to purchase a 3br/1b per unit duplex that I'm currently house-hacking, doing a live-in remodel on the second floor with the first floor totally updated and occupied with college students.