Read your insurance policy before making a claim as I think most do not cover long-term damage especially if it could be easily found and mitigated.

If a lender saves you $200/month on the payment but you spend an extra $8k in fees, you didn't get the terms you think.

For multi-family going as a long term rental it will be hard to make cash flow unless doing a serious amount of down payment or getting a great interest rate.

Realistically, if rents can't keep up with costs over the longer term, fewer people will buy rentals and there will be fewer options for those who can't afford to or choose not to own a home.

Looking for good options to get a pre approval done in Colulmbus, Ohio

Many people who are long term renters can't save enough money or have problems with credit, hence they are still renting.

this worked out well in the short term for us.  

Thanks Hi Karolina, I meant to comment on your previous mixed use post, provided 50%+ residential and 85% occupancy should be several reputable lenders that can provide workable terms. 

I'd counter at a price and term that works for you.

Do you intend to rent the property out via short-term or long-term rentals?