It is an area that is too dangerous to walk through during the day, even if you are armed.

I am adding to my multifamily holdings - aggressively.The lesson many in all markets have to learn over and over again is trying to call the bottom is foolish and dangerous, you will almost certainly call it wrong.

Agreed, I don't see an accounting issue.But if your employee loses his job, will it be clear that the tenant relationship is distinct and separate.

I was making the distinction between "single family residence" (SFR), the definition of which is 1-4 units, and "commercial" which is 5+ units (in a single building), not the purpose for which the buildings are used (commercial, as in rentals).

Using a number like $20,000 is dangerous.

It is great that you have a pile of cash, but it can also be dangerous.

You could go the large commercial route, but imo, this is more dangerous than buying paper since you can control risk allocation more easily buying non-physical.

There is nothing wrong with that, but I want to understand a key distinction.

There in lies the key and the distinction that Bill points to as well.  

I was just cautious and attentive to my surroundings and didn't put myself in dangerous situations.