In an environment where rates are decreasing you could temporarily get a larger reduction in monthly payments and (hopefully) be able to refinance at a lower, permanent rate sometime in the future.

I would try speaking to both tenants and ask them to try and maintain a quiet environment.  

Lower taxes mean lower overhead costs and a more favorable environment for growth, making the state even more attractive to companies looking for a business-friendly climate.Real Estate Opportunities AboundAll of these factors contribute to a real estate market that’s ripe for investment.

I would qualify it with in today’s seemingly rate decreasing environment, I might look to trying to recoup costs in 12-18 months (or less) 

., Given the current environment here in FL I'd be more worried about the escalation of insurance in MF town homes and condos. 

I guess your argument is that this is particularly tricky in the current high-interest, high-price environment, which is a point well taken.

We don't have a lot of small multifamily.Upside-Landlord friendly, great growth, diversified economy, great central location, business friendly environment, no state taxes, population growth, job growth, probably wage growth. 

The concept of "Boommates" would be an effective solution for many facing economic and social challenges.Sharing housing can benefit individuals and society by making better use of existing homes and creating supportive living environments.

Both have difficulty cash flowing positive in this real estate environment.  

A bank will not go above 75% typically so you have no ability to borrower or maybe get out $20kIn this environment with high prices and rates - I personally don’t think it makes sense to borrower for a down payment as you are just over leveraging with multiple sources of loans.