And everyone's memory is short, both retail and institutional investors will be assessing their risk tolerances in a few years and the yields they can create out of multifamily will no look as great.Then mix in things like crypto, which will either crash and go away (unlikely) or more likely start to stabilize and pull investment allocations away from other asset classes, as investors feel more confident in the long term viability of the asset class.

It's up to you and your tolerance for risk.

If they don't allow it then it depends on your risk tolerance of getting caught. 

Depending on your risk tolerance, your financial and living situation, either the BRRRR or the house hacking strategy might be a better fit. hope this helps and I'd be happy to answer any other questions

Risk tolerance varies from one person to another.

My suggestion would be a formal letter detailing that late rents will no longer be tolerated and late fees will be assessed per the lease agreement.

Sounds like a great purchase, as long as its a home you will be happy living in (or at least can tolerate living in while you fulfill the VA residency requirement).

Price point, area/location, individual investors abilities or finances, individual investor's risk tolerance or business plan, level of rehab, etc.As an example, the 70% rule (more appropriately should be named "70% guideline), is a simple back of the napkin analysis and is NOT ever to be used to make your final purchase decision.

This seems like it is way out of my budget and risk tolerance, so I started to look in neighborhoods in Wisconsin within 2 hours of where I live that have single family/duplexes for sale under 100k.

All depends on your risk tolerance and your current income.