This is so true.

True story, I know an investor that bought a condo without reading the docs that he had intended to use as a rental and had to hold it for a year before he could do so.I've novated two condos and both times it worked out really well.

Diversified Cash Flow Fund:InvestNextThis sounds a little bit too good to be true.

This was true back in 2021 and prior. 

However, when I requested the return of my funds on June 26, 2023, that information did not hold true.

Sad but true.

This means that the true Cash on Cash return would be 12-18% as opposed to the 30%+ that they advertise.  

Yes, #1 isn't exactly true, but it makes a point that not every landlord and rental can expect to get an A/B class tenant.

Unlike true multifamily, meaning the county or city has the property categorized as multifamily, you can't use potential rental income from the additional units to help you qualify (if the home is single family per the appraisal, that is).

@V.G Jason It is true that a duplex limits your rental pool.