Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

The 80/20 rule applies to most things in life but in Portland real estate it’s more like the 90/10 rule...10% of the agents do 90% of the work.

Whereas, you could be on the AG's hook for screwing John Doe the homeowner out of his sole possession in his life. 

However, if your time is limited or you don’t want to deal with tenants directly, hiring a property manager can make your life much easier—just be sure to choose one with solid local experience.Are you currently house hacking in Chicago?

I bought my first "investment 9 years ago and I can now say that property has changed my life. 

Quote from @Paul De Luca:Personally, I'm not a fan of enabling bad tenant behavior and in life you get what you tolerate.

Not much has changed in my life, but if I now have to finance a rental property vs primary home, my options change. 

I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life": 

As others have said, it's all about your life situation.

A client of mine in Maryland added smart home features to their rentals and boosted rents by 12% with minimal investment.