What are some things I should keep in mind as a family member/tenant moving forward with this proposition?

So of course the "easiest way" and lowest risk is to save up cash and stick with smaller projects until you have enough to move to something a little bigger. 

It's a "less risky" investment, from a tenant perspective, and therefore offers lower returns (lower cap rates).I can't comment on the cold calling, but it certainly can't hurt.

Our risk is hedged, the more cash flowing units/property- the less risk. 

What I mean by low risk is C and B class neighborhoods since it’s gonna be my first investment and I live overseas.

I believe that planning to save a predetermined amount of money for your retirement is risky because of inflation, potential changes to the tax code, and the simple fact that you may outlive your savings.

An appraiser is hired by the bank as an independent third party to estimate the most reasonable price the property would sell for between most buyers and sellers so they can judge how risky the loan is.

I love the fact that you can scale quickly from Multifamily but it seems more risky.

I tend to be more of the mind set of once a contract is signed both parties should abide by it, risk is part of the deal.

But I love your statement about taking risk. I