This also leads owners to ASSUME simpler is better when it comes to management contracts.

Conversely, if a deal falls short of this threshold, it's prudent to pass on it and wait for opportunities that better align with your investment criteria.

And it better be a damn good reason.

I was wondering if anyone can give me some information/guidance if getting into house hack in NYC (expensive market) is doable or what kind of asset class is better for this area.

@Zeke PalmerIf you aren't planning to hold then I would invest in Cleveland/Dayton where the margins are a bit better

Better 50% of it than 100% of nothing!

Here in the Reno, NV market multifamily prices are very high so it would be better to buy single family.

Meaning if someone gives you $500k and you only are using $100k, you are still going to be paying some fees on the $400k because the lender needs to keep that cash on the sidelines.You are better off getting either DSCR loans for each or hard money at 12 months and interest only with extensions but realize that money will not be cheap. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Hey @Seth Hunt there are lots of Wholesalers on here but might get better connecting in one of the wholesaler FB groups specific to Chicago.