a couple of years.)

I love and use Triumph Construction - they're amazing. and looking to add a couple more folks for my contracts, such as HVAC, Electrician, and Plumber.

Rates are also better with these than with an investment loan.There are a couple of investment loan programs available that offer 10% down as well with no PMI, but they have slightly higher rates.

Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan).

Start with a small one on the first couple to work out your system kinks.  

Lots more wear and tear on the place too, as those couple extra people will likely either be kids or party guys.....Just my $.02....

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

Hence the idea of a couple more properties, however, with much more units than I currently have per building. 

(I actually laughed when I first learned this.)10% property management fee (With separate charges for new leases, repair management, and rent collection—what exactly does this cover?)

The cash flow over a long hold is tightly coupled to appreciation.