•Explore private lenders or hard money loans if you need higher leverage, though the interest rates will likely be much higher.

I can pretty much guarantee that you will loose WAY more money trying to get out of the lease then you will spending the extra hundred dollars or so to paint an additional room or two.

Many tenants are still very unsophisticated with money.

Forget trying to walk them through a simple repair over the phone, to avoid sending a ServiceTech and saving an owner money.

Each method has a cost in both time and money.  

And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

It works but the premise is more for large, rural land and doubling your money & I wanted to target other types of property.  

High occupancy isn't sexy, but that's what a good property manager will achieve, plus it's much easier to maintain a property with the tenant's money than the owner's money. 

Non-locals with money moving here.