It usually requires a much larger down payment, like 50%.

There are many reasons not to pursue RE, but if you make that choice and are further priced out of the market, it is due to choices you have made.  

If the best case scenario for cash will not cover expenses it seems like you have 3 choices here. 1.

And the majority of commercial lenders have rates in the 6s or 7s right now for most real world scenarios, and being overly worried or concerned about if it's 5 units or 500 units is absurd, both the rents and the loan size will automatically scale up and down accordingly (if anything, the larger unit counts scale better, so limiting someone to X units makes zero sense).

Open floor plans generally feel larger too. 

@Dock Newell Jr Great choice picking Memphis to invest in!

However, before consulting with these professionals, we are taking the initiative to educate ourselves so that we can ask higher quality questions and ensure we are making the best choices for our future.

Some of these exceptions have been unsafe environment (article from borrower with shooting nearby, larger family size and need for more space from unexpected pregnancy, job relocation, and other.So every 2 years is fine however dont let that 2 year figure hold you up because there is general guidelines then there is whats "really," happening out there with loan underwriters and what they'll actually approve.

Because your choices are to sell the property or to fix the property, and fixing the property is going to cost a lot in time and energy.

Even if you focus on just one of the Spanish "costas" for example, a realtor will generally only cover one city, even though it's part of a larger market.