I hope to share the rest of my story hopefully being featured on the BP on the rookie podcast.

That makes private financing a solid option for folks with non-traditional credit or complex financial situations that banks might shy away from.Then there’s the tailored approach to loan terms.

I was never interested in that feature so I don't know if my custodian offers it or not.

They are 100% correct.The downside sometimes to forums is people have a superman complex and get the impression real estate is easy as they think everyone is doing it and just jump in without the knowledge or expertise.

We had a wash & fold service with pickup & delivery, which added complexity to the operation.

Larger properties offer economies of scale and better financing terms, but they also come with more complexities and higher upfront costs.

Residential subdivisions, while potentially less complex, can be hit-or-miss depending on local housing trends and the cost of infrastructure development. 

It just adds complexities and costs without any benefits. 

From my view, neither property type (with the right features) suffers from the same potential downside appraisal risk as converting SFR or duplex.  

It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.