This makes the most sense to me given all the details I’ve researched.

I am currently in Hong Kong, and there is no way I can or will invest here as home prices compared to rent yields just don't make sense according to any of my calculations.

If so, you have to see what capital you have to deploy and whether or not it makes sense.

This may be why many of you are experiencing delays in redemptions and distributions.In the fund which I co-manage, we've stopped foreclosure activity on many of the non-performing assets since it doesn't make sense to pay our legal resources for activities that are in moratorium.

@Tayvion Payton  When I see posts like this, something I'm thinking the poster thinks financing is easier on 5+ units due to commercial loans or that the numbers make more sense. 

As mentioned earlier in the thread by @Chris Seveney, real estate prices have been going up particularly in Northern New Jersey, so a lot of tax appeals are pointless or do not make any sense.

For the person with little to no wealth, just getting started, putting their eggs in one basket and watching it carefully makes more sense, likely up to the first $500K - $1M. 

It doesn't make sense

If it's not an ADU, then you have no limit   Makes sense.

Once you start to find something wrong with almost every deal but finally find one that really makes sense, run it by your mentor to see if they agree it is a good deal.