When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

It has favorable landlord laws!

If your goal is to acquire many units, consider looking into more affordable markets such as Akron, Cleveland, Dayton, and Toledo, which tend to be more favorable for this type of investment.

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.

Not sure if you were looking for a long-term hold on a two family, but it seems that was not playing out favorably for you. 

Some areas may favor the ADU over the addition. 

Syndication certainly favors the syndicator, with all the risk on the passive investor.

As for gray areas in contracts, the courts will almost always find in favor of the party who did NOT write the lease.  

@Nicholas Cavato Purchasing with an FHA loan as an individual offers lower upfront costs (3.5% down), favorable rates, and better cash-on-cash returns, but requires living in the property for 12 months and cannot be issued to an LLC.

These are more favorable locations, even better than being close to Temple IMO.