However, it is also important to consider the applicant's income level, employment stability, and any other positive attributes they may bring to the table.Ultimately, the decision to accept or reject the couple as tenants will depend on the landlord's specific policies and risk tolerance.

It is always recommended to do a cost benefit analysis before doing a project to determine the feasibility.Whether using private money or not the cost benefit has to be addressed.It will affect investment and equity when measuring profit.

The BTR are excellent for building huge amounts of equity and if you do it right, have infinite returns from the cash flows holding them long-term.I also do some other projects here and there.

If you have some money in the bank to cover unexpected circumstances (vacancy/repairs, etc.) and you know that you're going to struggle to put together the down payment for a multi-family, then beginning to build up some equity, experience and momentum (by taking action) isn't the worst idea.   

One other question: I believe that these are either 50% equity or 100%.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

Bought the house over 15yrs ago and definitely gained a lot of equity over the years (approx, 500-600K).

build equity. 

We remodeled 2 of the units and have done a substantial amount of work around the property, and we have roughly $270,000 in equity. 

These two factors were strong indications that we would gain additional equity, and maybe even increase our net worth.While it might be tempting to think that there is no way a house with an extra mother-in-law suite will be less valuable than a house with parking, it is worth making sure that you will have adequate equity when the project is done, and that you are not overbuilding the house.