If you are looking to grow a portfolio I would put down the Minimum down payments as it will hurt your cashflow yes but the extra cashflow you can get from having additional properties should far outweigh this. 

The wealth you'll build outweighs a few months of minor inconveniences. 

The benefit of having a great attorney on your side will far outweigh the cost.

Thanks for the reply, I think I will take a little more time and think about if the rewards outweigh the potential risks.  

Appreciation usually always outweighs cash flow (depending on your market) so you are likely to get a better return overall. 

Do the benefits outweigh the cost?

And in this case, any potentially better cap rate is outweighed by capital gains expense.And if I do refi, I’ll be able to make other investments with that cash out.

I'm trying to tell her the benefits outweighs the concerns that she has but I don't want to dismiss her reason because they do hold some validation.She does not want to buy a multifamily because she worries about other people not being as clean as we are and infesting the property with bugs.

Investing in syndications is an option, while you likely will take a short term tax hit the long term benefits often times out weigh the short term tax loss.

The benefit doesn't outweigh the cash expenditure.