The low price tag is so tempting, but they just don't appreciate like SFHs, HOA and assessments are frustrating, and loan options are limited depending on the building's owner occupant vs renter population. 

Generally, we see this as a good option for high-income earners and low-risk investors 

I would assume this is not something someone would have a goal for as their living environment, but would have to settle for it due to their low income. 

BRRRR is not a great strategy in most markets now because inventory to buy is low so you have to pay more which shrinks your mini-renovation to rent ratio due to rates as well.LLCs are of no use to you now at all unless you are going to run a business through it before investing in real estate for two years.

The value and loan amount is too low for institutional lenders.

Would you average the credit scores, or take the highest as long as the low one does not have anything alarming in the details? 

This approach helps you build equity while keeping living costs low.

In fact, most of our cleaning headaches in the early days came from hiring b2b cleaning businesses who paid their subs really low wages to make their own margins.

Enjoy low tax cashflow year over year5.

How do you stay profitable during off-peak times? Do you lower prices, offer promotions, or focus on longer-term bookings?