Demand is through the roof in all of the areas we lease.

(For example, a minor leak that when neglected turns into something more significant.)In conclusion, I'm not going to tell you it's all candy canes & lollipops with Section 8, but if you properly vette all of the particulars, in can be something that works for you.

  $15/sqft under roof instead of $10, for instance. 

MF hedges against market shifts and cap ex. also doors are a multiplier X so if i have 100 units under 1 roof and 1 of my tenants moves out and trashes the place well thats only 1% of my expense.. as opposed to 1 SFR which would be 100% of my expense.. the only aspect I could potentially agree with is the liquidity.. but lets start off with IF you are investing in holding real estate then you SHOULD be holding LONG TERM. so liquidity is only a tertiary calculation.

If the roof is spongy and you go into the basement and the water heater and furnace are encrusted with an inch of rust, that's a different issue.

There's nothing worse then having a plumbing leak and having to rip out all the tile you just put in. 

I like large oak tree personally until the branch falls to the roof 

Foundation and roof work are very expensive.It sounds like a good house hack based on pricing and rents, but make sure you check crime and median income to justify rents.Exciting!

Unit 2:  4 Bed/3 bath pool home, purchase price $449k (with seller credit of $15k towards new roof).

The kitchen and bathrooms were the biggest areas of concerns as well as the condition of the roof.