I think there are many reasons, and some of them that come to my mind (subjective opinion) are:1.

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

In my opinion that is rarely necessary for a rental rehab unless perhaps this will be a really nice rental in an upscale area.

you will hear different opinions.

In my opinion it is not worth it. 

But in my opinion, the biggest issue I see with folks jumping into their first "big" multifamily deal is the quality of the pro forma. 

Questions like this often get better and more actionable responses.Also, keep in mind that while this site is an incredible resource, opinions can sometimes come across as blunt.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Sent another tech from a different company to get a 2nd opinion.

Since then, I've documented the process as a Boutique Hotel investor and have a deep commitment to sharing my knowledge around Boutique Hotel Investing with others who are looking for a path to financial freedom, and Boutique Hotels is the best path to get there in my personal opinion.