While I have some liquid cash on hand to kickstart my journey, I'm keen on optimizing my resources.Initially, my strategy revolves around engaging in fix-and-flip projects to generate capital, with the goal of transitioning into mid-term rentals.

The yearly renewals are actually pretty common but charging even when vacant seems wrong, should be incentivized to keep units occupied.

Quote from @Lance McGee: Hey everyone Lance McGee here first time investor looking into the rural areas of central and northern Michigan definitely could use all the guidance I can get my hands on  Hi Lance, I would be happy to chat about your real estate investing goals.

With the numbers you shared, and the common 75% of ARV calculation you would be heavily underwater if you buy this house at 300,000. 

The goal is to protect the value of having a buyer agent, but in a world where info is king, restricting access to listings could backfire, making people wonder about the need for agents.Despite the potential hurdles, these changes are pushing us to innovate and redefine our value to clients.

Additionally, highlighting the potential for a higher overall return on investment might appeal to his financial goals for his heirs.

Our experience underscored the reality that, in a nation where renters abound and multigenerational living is increasingly common, the challenge of overcoming prejudice and exclusion remains paramount.

Welcome to BP, you're definitely in the right place for that goal.

I guess I'm asking how common this is; if I would have been successful in somehow negotiating out of that clause; and if I have ay options to remove PMI at all?

Other considerations things to look at include; are any utilities common (like paying for a boiler for all 4 units instead of individual furnaces), how does access/common areas work, do the tenants all have access to laundry, are there any common area utilities (light common area lights, electric or gas for laundry) that would stay in the owner name.