At the time I was a single parent and wanted a neighborhood that was safe and a primary residence that I could live for a few years.

like mentioned above CLEAN  windows seals  PAINT  cracked ( gator skin ) looking old paint    .only one house we replaced all the windows  as they where dated   just make sure you know what the inspector needs and is looking for and you will be fine and the tenets will be safe :)

You just need to really make sure you understand and are cognizant of all the features of a floating rate loan - often times the structure can be complicated and you don't want to miss something, especially related to any "caps" - just make sure you are better safe than sorry

I would personally prefer to play it safe, especially when you do not have a large number of properties. 

I found this website and the information i needed to do it safely.

AS HML sizes grew so large and private investors were funding them it was hard to get one lender to put in 500k but easy to find 10 that would do 50k each.The fractional space has come a long way and a Good Broker is needed to place these for you.Good Broker good first positions are  a pretty safe bet..

We won’t lend a dime unless we’ve gotten to know the borrower at least a little, and we walk through every property.Lending through an SD 401k plan is a great way to quickly build retirement income reasonably safely and conservatively.

I agree with Carolyn that MTR is a pretty safe pivot if the numbers work for you since the STR scene is still a little unclear.

Refinance subject property with higher leverage loan and use proceeds to pay distributionsAnd of course there's the time tested technique of just fabricating results!

I'm using the leverage technique as I work a full time job and can't buy anything outright.