I passed on first attempt too.With that, I submitted my paperwork to retire from the Air Force after 21 yearsI will be a full time MLO starting in April of 2022 with Citizens Financial in Vacaville, CA.

The basic, very basic idea, is I would take a hit on my bottom line and not only provide a service but also force myself into more aggressive strategies of acquiring more properties to cover the overall cut of monthly cash flow.As you say though,  some may take advantage.You have given me a lot to think about.Thank you.

Our other interests include investing in land for low impact STR’s and investing in older multi-family units and renovating for efficiency here in Maine. 

When ServPro was on-site yesterday, it struck us that for water to impact my unit and the unit beside me (as well as the offending unit), that water likely impacted a fourth unit as well (the unit beside the offending unit).

Or will a high DTI force you to purchase inexpensive, out of state properties for cash?

However a higher rate means that monthly payment is going to be higher which impacts the cashflow. 

As for flipping or holding, consider that your flip profits could be taxed as regular income (check with your accountant on this before you make a decision) which can make a HUGE impact if you're in a higher tax bracket.

My understanding is that you can also force appreciation more in SFs than MFs.

They have no way to force their client to act appropriately.

So either forced or natural appreciation or lots of cash lol.