Leveraged properties require patience even if your tenants pay on time and maintenance is limited.

Some don’t report their off-market business like FSBO sales for MLS stats as it’s not required and many don’t care about stats.

Talk to a few F&F lenders about % of ownership requirements to be the guarantor, and if there's a % of ownership which REQUIRES you to be a guarantor on the loan. you can avoid this headache by being strategic as to how the loan (and the LLC) is structured while you wait for your scores to improve again. 

Moving out of state, moving closer to work, school or moving into a bigger home due to expanding family like "pregnant" and/or requiring additional rooms or larger GLA.If you purchase a 2-4 unit and try to purchase another 2-4 unit if they are not "Common" to the area you will have a hard time.

You’d require a license for both of those.

My friend has a property but I think he is unsure about the STR regulations/requirement and that's why he is not considering STR arbitrage, but would be open to MTR. 

@Theresa Harris the ruling require exclusivity to the listing agent’s listings… one just becomes a client of the agent, who you happen to meet at one of their listings.  

They probably wouldn't recommend anyone do their own engineering or doctoring without being trained and licensed to do those things, but for some reason buying and selling a multi-million dollar home doesn't require training, education and practice...  

I also think you should be required to be licensed.

NV OR  and a few others require licenses to do this.