. - OP offers to send handyman to diagnose the lower unit’s issue,  no one suggested this.- OP has not indicated they will involve HOA even though multiple replies suggest doing so.OP asks for advice, but seems to ignore it.  

While traditional banks provide lower interest rates, they come with strict approval processes and long wait times.

or an income play which typically provides lower yield because they typically inherently have lower risk

Yes the inventory is much lower than the City, but there are 2-4 unit properties to be had, and with good numbers.

thank  you Laura -I do feel good about the compensation as they have been our only boots on the ground as we just can’t use “ friends” anymore ..I also found out that the $500 monthly fee is lifted once the place is rented and she goes to a much lower rate / hourly when things arise .I just thought it was a unique price structure and have never heard of things executed as such before .Thanks again for your reply-Christian

If you purchase a newer property that has been recently and properly renovated, you may consider using a lower percentage.The biggest impact on your cash flow will come from the property’s location.

Rates are typically lower and you can have higher LTV for primary houses, however investment properties is still doable for both 1st lien or 2nd liens as well.

Anyone with a pulse can buy a section 8 property in a lower tier neighborhood and there’s always abundant inventory.

Long-term rentals offer diversification, learning experience, and lower returns but may generate lower returns.

If your primary has a net $1M appreciation you’ll only pay $100k cap gains tax - that’s a lower alternative than what you propose.