When I added all this up, it was going to cost $150k in a neighborhood where sales comps trade for $100k per unit.  

All of these required trade-offs though.

Hi Sharad, if you're looking to invest in small multifamilies and want cash flow, you're going to have to trade this off by the type of neighborhood that you'll be looking at.

I also take pesos, gold, silver, cars, motorcycles, trade houses, airplanes, stocks, bonds.... etc... to piece a deal together and get paid!

The exception is the Association may, “…authorize such services on the Common Areas as it deems appropriate for the enjoyment of the Common Areas or for the benefit of the Members.”Section 5 – Nuisance – states, “No noxious or offensive trade or activity shall be carried on upon any Lot … which may be, or may become an annoyance or nuisance to the neighborhood, or which shall, in any way, interfere with the quiet enjoyment of each of the Owners of his respective Dwelling…”Feel free to think, “you fool!

Buying in small towns can also limit you access to trades or they charge you more for the trip. 

If you didn't, seems like a bad / inexperienced accountant to suggest such a thing.In my opinion, its the same as telling someone to go to a trade school and get a new career.A STR can help you lower your taxes but I would only do it if you were planning to purchase a STR.A STR is a business, you are responsible for furnishing the house, responding to guests, providing a great stay and experience, etc

https://www.amazon.com/FLIP-Find-Sell-Houses-Profit/dp/0071486100If your unsure and your paying for the work to be done this book will give you a good general idea on what order to do things to save money and excess appointments from the same trade.

(The exception to this is loans based off prime which would typically be home equity lines of credit as the Fed funds rate does affect prime) The Federal Reserve meets 8 times a year, while the bond market which actually dictates mortgage interest rates is traded every second of every day of the year.

Now, here is key thing to remember, it's almost double what most other western nations are currently trading at......