If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Tolerance for value-add?

I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.

It comes down to your own risk tolerance.

It will depend on your preferences and how well you think you will tolerate having a room mate as you approach a new life with your partner.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

While I could have gone lower I am lowering my risk tolerance because I expect a recession in late 2019 to 2020.

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

But that's just me, maybe your market can tolerate higher nightly rates.....I agree with Bruce.