I'm not 100% committed either way between the income benefits of multifamily vs. the reduced headaches of SFH tenants.

Additionally, we will see the unemployment rate tick up another .5%, to 4.9+ maybe even over 5%.   

This in itself is an understated benefit because its a real pain having to explain to a lender, prospective employer etc. why your name is in the docket. 

Truthfully, I don't think a Capitalization Rate of 8% is terrible plus you'll have an appreciating asset along with the tax benefits.  

Additionally we keep the total security deposit until ALL the tenants move out, so the leaving party won't get their security deposit back until the last party leaves. 

Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.

I do not believe converting to condos would decontrol the building.I own a 4-unit multifamily in Union City and am considering condo converting it at some point in the future, though I do not think rent decontrol would be among the potential benefits of the conversion.

Debt-Paydown and Tax Benefits are also a result of time. 

I'm sure many people on here have spoken about this, but I just wanted to bring this discussion back as it is a part of my job that I enjoy and see benefit to others from it.

Are there any additional fees (e.g., underwriting, appraisal, or prepayment penalties)?