@Jesse PhillipsThe benefits as far as tax goes, at the surface level, are the same between SFR and multi family since they are both investment properties.

The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.

It is close to impossible to clean the sticky residue that coats the surfaces near the gas range.

On the surface the numbers look decent.

If chemical levels are off you can actually damage the pool surface and resurfacing a pool can be $3000 and up.

If you have cheap capenters (aka handyman) do the framing, the surfaces will not be flat and sqaure.

Unless you got your deleading license, you have no way to know which surfaces can be encapsulated, which can be covered, which can be flipped, and which can stay. 

Professional cleaning w a surface cleaner. 

Most of these homes in my area have carpet in the bedroom and I know a lot of people, approx 18-30 years old, prefer hard surface flooring.

Of course learning through experience is the best bet for anyone but none of it would make sense to me if I haven’t even scratched the surface.