You lose all accountablity, having a turnkey provider with a platform and foundation for you to be able to scale off of and take advantage of the economies of scale is critical in the success of your road map.I encourage you to consider Turnkey -- look into it --- anymore question just PM 

With CAP rates in the large apt and office building space below 6%, I don't blame some large players for taking profits.  

But even if you lose a few thousand, it's all the price of your education.

I am professional online poker player but I have had REI in consideration a few years already.

I reviewed multiple scenarios in an effort to move the deal forward and not lose my 2k.

On one side I'd say that my deal is easier because I only have 2 tenants to deal with and a lot fewer refrigerators, A/C units, sinks, toilets, etc but on the other hand...if one of my tenants doesn't pay or I have a vacancy then I lose 1/2 my rental income.I am very interested in purchasing a du/tri/quadplex or small apartment, do you mind me asking where you found the deal?  

If you buy for cash flow, if rents do not drop drastically, you can lose your equity but still be making money each month (although no one wants to lose $20K in equity to make $100 a month).5) Evaluate the situation and determine what is best for you.

A way for you to learn the business and now lose the opportunity at hand.Regards,Frank

Hey BP,I have a confession to make, I'am a Realtor that might have a hero complex, I have the compulsive need to try to help everybody and at times I find myself in the deep end.... losing sanity.

You will be losing all the equity you may or may not build.The FHA 203k loan program is a bit different and does not limit your gains.