If 2022 or later the values have dropped due to higher cap and interest rates so if you have gotten any appreciation at least you haven’t lost money. 

May consider selling in a few years once rates cooperate with higher purchase prices.

In the case of a HomeStyle Renovation loan, your lender might have added PMI at the time of the loan because the LTV was higher than 80% at the time of the initial loan and renovation.PMI Removal After Renovations: If your LTV has dropped to 73% after the renovations (meaning the value of the property has increased substantially), you may have a legitimate case for PMI removal.

Another higher offer came later, teaching us the value of having a dispositions specialist.

When I speak to finance institutions, I am only offered non-conventional loans for investment properties which require high down payments and significantly higher interest rates.

Overall it did take a bit more cash than we wanted, but we are very happy with the result and may consider selling in a few years once rates cooperate with higher purchase prices.

I love MFH investing because of the higher cash flows. 

Given appreciation is typically where you are making most of your return in any real estate, having this additional appreciation helps create much higher returns.Additionally, my single family tenants, typically stay a couple years longer than my duplex tenants.  

You can find all that at various price points, not just higher end.

But 3) Try multifamily specific brokers, crexi and loopnet, although 2-4 units maybe scarce. 4) A home equity line of credit is a good source of funds however it will generally make your overall monthly payments higher, so unless a deal is very solidly cashflowing, a HELOC may put you into negative cashflow. 7) Typically electric/gas are paid by the tenant - however this isn't true across the board.