I'm greedy and selfish, but that doesn't mean I don't like to occasionally help out if it doesn't affect me negatively too much.

Hi @Daniel Z Fang, my initial judgement was that "something must be bloated in these numbers" but having run through the list of charges the only thing that seems askew is the $300 lock charge.

Sure, you may even occasionally find something you can polish into a profit. 

Where to find multi family properties: Occasionally you will see some multifamily units listed on the MLS, so those will also show up on Redfin, Realtor.com, and Zillow.

I guess with a bunch of loans not paying and then all of a sudden they have to retain legal the deals go from profit to loss pretty quickly one borrower i know personally we into them for millions and the borrower sued them (BS suit by the way) and then they had to file judicial on all his 30 or so loans.. then He went BK and they had to pay to wrangle through that.. plus this borrower filed material man liens behind their loans so they could not even do workouts and they had to pay to litigate all that.. so you can see I bet the defaults and subsiquent legal fee's and then super bloated overhead did them in.

I also have a strict no drug policy that also includes marijuana but I’m probably not going to enforce that if someone is occasionally smoking it outside.

My wife is not always totally crazy about it because she had her own house for close to 25 years but since I’ve been house hacking B&Bs for 24 years it doesn’t bother me at all to occasionally hear a bang on the wall or a cough or the toilet flushing.

And then just a great local handyman for the occasional issue (you don't need maintenance software or a PMS for a small portfolio)

At the other end of the pricing spectrum, unanchored retail strip centers and large power centers may see pricing above 7%, which can occasionally push into the 8% to 9% range as specific market and quality factors influence each transaction.As an illustration of the disparate range of cap rates in the retail space, a local buyer, SJ Amoroso Properties, traded into Strawflower Village in Half Moon Bay, CA, south of San Francisco, at a 5.4% cap rate in November.

You occasionally get burnt but you can get some killer deals this way!