Increase income, decrease DTI, and buy a home (i.e., get a higher paying job, work two jobs, go to trade school, get a higher paying degree, live in affordable area, etc...these are things that most of us did).

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

It will be cheaper than our mortgage and our incomes will be increasing.

With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.

If they don't, the document says their consequence is that they will automatically convert to a month-to-month rental on [DATE] with a 25% increase to their rent.

Now that you know this little secret (that most don’t), you can make informed decisions when it comes to increasing rents for new leases and renewals.

I like the cash flow and see the potential for increasing rents, but I’m hesitant about overpaying.

Only reason I've been doing it is to get 0% business credit card limit increases.  

ADU increase value less than the hands off ADU addition, but a developer is not a hands off ADU addition.Thanks

The increased cash flow and the ability to pay down the loan more quickly are the biggest draws for me.Am I underestimating the time commitment of managing a multifamily property?