Could be a higher rate, lower leverages, higher reserves, etc... varies by lender.Cheers!

Tenants in lower Classes will have lower credit scores, which means higher chance of defaulting on their lease payments.

You may think about buying a SFH instead of multi-family if you're working with a lower price point.

.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .

You'll get much more "bang for your buck," lower cost per key, and lower maintenance costs per unit.

These markets are attractive because of their diverse, resilient economies, lower priced homes, and stable home price appreciation.

Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.

Obviously you want to lower expenses while maximizing revenue. 

Umbrella insurance provides substantial liability protection at a lower cost and avoids the administrative complexities of managing an LLC.

It’s temporarily lost its shine because of the slow down in transactions.