If you're hell bent on getting a 2-4 unit to live in that's in good shape, you should play around with a small, very specific marketing list to the assets you like in the neighborhoods you want to live in.Don't send them the dinky postcards everyone else does- reach out in a more personal way and you'll get some leads that are willing to sell to you.

You get the interest write off, leverage benefit (though scaled down), but  unlike a mortgage still get the benefit of a more appealing offer of paying in cash

Due to the lack of cash flow, it might be better to scrap it and use the profit for a more for another project.

This could've been avoided if we had a more meticulous SOW.

@Jack Zhuang I think you should invest for cash flow, and consider choosing a more stable market. 

The public transportation system and the already amazing bike path network is also expanding so that is a good thing to look at to find neighborhoods that are likely to appreciate at a more rapid pace than others.The Colorado market has strong fundamentals overall: diverse and growing job market, active lifestyle, work-life balance, friendly people, the incredible mountains nearby, outdoor sports galore which is skyrocketing in popularity, access to national forests and parks, and significant population growth due to these many positives.

I have 24 locations, (27 units) most of my peers thought i was nuts, but im 44 and consider myself retired, and they are all working with no end in sight,  but in their mind rentals are way too much work, I dont know I maybe spend 2 hours a month managing my managers, I can go on vacation when ever I want and can conduct business from wherever, Im going to Iceland coming up and none of my tenants will know im gone, heck most of my tenants dont know who I am, or that I own the house they live in.  

That's why we work so hard to find a stable asset that can still be improved through new capital and a more efficient management team that will still net a great return for the limited partners.Good luck!

See link below for a more in depth explanation.

That sounds like a more elaborate version of what's happening in Nashville, namely, condos that are appropriately zoned and STR-permit eligible, with HOAs that explicitly allow STRs.