Assuming plans are needed to secure a permit.

Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

I position my inspections as 'planning for future repairs/improvements' which mitigates that whole 'he's here to get my security deposit' mindset.And, I would rather have the tenant with me than to have him later claim that something was broken during the inspection.  

Security investigated to find the renters still at our house.

They’re asset-based, meaning the loan is secured by the property itself, and they often have quicker approval times but higher interest rates (think 10–15%) and fees.

Many times having great credit is not enough to secure a deal with a traditional lender quickly enough when one is competing with cash buyers.

I personally will not expand into a market without securing a reliable team first.Service Quality Over Price – While 10-15% may seem attractive, be cautious—cheaper often means less attention to detail.

They need a contract with email addresses and social security numbers to provide the amount.

Securing financing is often one of the biggest challenges new real estate investors face.