If multifamily options seem scarce, consider house hacking single-family homes with extra rooms or an ADU for cash flow.

In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call. 

However, the book was written when home prices were close to half of what they are now, and interest rates were half of what they are now.

I know NY lenders that can do 100% LTV helocs which might give you that extra flexibility.

And yes, I understand leverage, but what other people don't understand is that you borrow to purchase a house and then essentially have to pay it back one and a half times.

I can certainly tell you in SoCal if you had a single family home with an ADU that generates an extra $2k per month in income, end-user buyers will not be thinking "I'd pay an extra $20k for that." 

We would be incurring the tenants in one half and would live in the other half ourselves.

We did not know if our proximity to Nashville would be more important because of the fact that we would be doing a short-term rental with the property for half of the year and then using the property exclusively as a rental in a few years?

The median sales price of Las Vegas represents the middle point of all homes sold—half sold for more, half for less.

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.