The typical 2-4 unit I represent buyers on we are able to increase rents 40-100% especially in gentrified areas.

The down side is that STRs are more work, need to furnish it, pay for utilities and WiFI but in the right market (vacationers and business travelers) it could work. - If I were looking at cash flow as a really important important metric, I'd consider starting a business.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Quote from @Eamon Conheady: I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan.

That's the reason there are so many fourplexes and so few fiveplexes or even sixplexes.From what I gather, post offices and utility companies rarely care much about the permitting/zoning issues, so it probably wouldn't have been hard to get those set up.

Furnished Finder is what we use to list all of our mid-terms and don't typically have any issues finding tenants. 

Thanks,Harish. this would be typical of a larger commercial transaction.. what you can do is pay the appraiser and the Phase one company direct.. its usually done that way.

Do they value nicer finishes and design or is that additional cost lost on the typical tenant in that pocket?

The way to get access is typically reaching out to the sponsor and getting the PPM and the documents you need to do a thorough review.

I Offered it to them at 10% below market with him paying utilities. he wanted it, so I screened him to verify he can afford it.