In my house I have a Maax which has the tub and lower part of the surround as one piece and then a second piece of the surround is added higher up-so it eliminates that join where the edge of the tub meets the surround where water tends to pool. 

They tend to have higher DSCR ratio requirements than individualizing the properties.  

“If the only tool you have is a hammer, you tend to see every problem as a nail.”

I’ve found tenants tend to let their small dogs pee/poo inside too.

They tend to have limited leverage and higher interest compared to other products like HELOAN or DSCR, but if you desire a LOC, I'm sure they're out there.

Hey mate,Property managers tend have quite a few hidden fee's.For example:Tenant placement feeLease renewal feeMaintenance up chargeEviction up chargeGranted, PM's gotta make some money also but just ask for the PM agreement if the fee structure isn't transparent enough on the property managers website.Just my 2 cents.Thanks 

Lower income areas tend to see lower rents, slower rent growth (Outside of initial renovation).And, if you are taking out commercial loans, there will be a DSCR test along with the appraisal and LTV.  

The math behind is like this 175k loan is roughly mortgage payment of 1408 per month ( This is with 9% interest rate, DSCR tend to be 1-2% higher ) + insurance and Taxes.

Thus, based on my experience you tend to overpay for multifamily properties versus SFR's.

@Nathan Frost First I did not read every response but I am going to give you my answers since I tend to be of a different philosophy than most on here when it comes to debt.