Something with an equivalent number of bed and bathrooms is 600-900k.

Rather it would be the equivalent of a second mortgage you owe to the wholesaler. 

The average after-tax gain of $63,469 per year ($634,692/10 years) is the equivalent of $97,644 pre-tax income in a 35% tax bracket.

(Alexander Quan said:"Guess it was just harder because I was planning to purchase owner occupied but not actually live there.")You do realize that this statement constitutes what is the equivalent of potential mortgage fraud.

But, the MFR I can afford in LA are either in a warzone, or will require me to dump all my cash into it just to close the deal.Here's some strategies I'm considering:House hack a MFR in an up and coming neighborhood in NELA (Glassell Park, Highland Park, Cypress, Echo Park, etc) at a negative cash-flow (but still cost less than equivalent rent).

those could be/are big assumptions, equivalent to "what if an asteroid destroys the planet?"

Don't pay an expensive advisor or manager, put the money in low cost funds to take advantage of national or international economic growth (consider Vanguard index funds or ETFs, or the Fidelity / Schwab / xxx equivalents).

If you recalculate your 203k loan with PMI as interest, and reverse the rate, the PMI could be costing you 1-2% in rate equivalent, for the length of the loan. 

Requirements for Broker license in NY State are: Minimum age of 20 years oldDemonstrate fair knowledge of the English languageFirst complete a New York DOS approved 75-hr Salesperson qualifying courseThen complete a New York DOS approved 45-hr Broker qualifying course and pass the examApplicant has to have worked at least two years, as a licensed real estate salesperson, or has had equivalent experience in general real estate business for a period of at least three yearsPass the New York DOS broker licensing examHave earned 3500 experience points as a salesperson or 5250 points through equivalent experience.

I wanted to negotiate my monthly payment down to $1800/month (equivalent to a 4.19% rate).