There are more options than multifamily - she could convert her garage into an ADU for example.

Alternatively, a lot of investors have found success in self-managing their rental properties as a way to cut down on their management expenses.In order to decide what option is best for your portfolio, let’s take a look at all the landlord duties you will be taking on if you self-manage or that you could pay a property manager to handle.

Not only is it unsafe to collect over $7,500/m in cash, it also begs the question "why" each party goes to and from the bank with so much cash as a preferred option. 

Your only option may be to have it structured that way in order to get the loan approved and/or to pass compliance. 

Had a water heater bust in one property, where it was in an unfinished crawlspace/partial basement, and they didn't realize it until they got their power bill.

I’m also curious because I’m trying to plan out my purchase later this year, and exploring all options. 

My team and I have been testing a few options since January and the favorite by far has been Monarch Money.  

For better or worse, 1031 seriously constrains their investing options, even for real estate. 

If you are going to take the deal I would try to find options that do not have a prepayment penalty or maybe up to 1 year.

Have you ever fixed a 110 kilovolt power line hanging from a helicopter?