Might also be wise to target the younger generation before they get too far into a career or college path.Household income must be 3 times the “Monthly Operation Payment”.Create unique opportunities to create income from excess space in a property (vacation/air bnb, temp housing for travel nurse, students, etc.)Residents may choose to use roommates to meet this requirement.Pet owners buy all the flooring instead of a pet deposit.

Hot Water: If owner pays consider upgrading to tankless or heat-pump models that are much more efficient.Get tenants off of house heat: Mini-splits are a great option for heating and cooling, especially if you're in an area where A/C is a competitive advantage.

Properties are going over asking, buyers waiving nearly all contingencies, it seems to be crazy hot right now. 

It was truly a hot mess when we bought it, and definitely the largest project we have ever tackled.

The flip side is that there are more expenses with a multi-family property, such as water/sewer/trash (can be billed back to tenants on new leases), landscaping, maintenance, and capex x4 units (4 air-conditioners, 4 hot water heaters, 4 kitchens, 4-8 bathrooms, etc).

If you do, you most likely will end up in shackles and hand cuffs, especially if you are dealing with non-accredited investors as right off the bat stating you have not bought a note will get you in a lot of hot water. 1.

Usually not normal unless you are in a hot market with tons of offers. 

Unless the deal is piping hot, any subpar deal just requires too much capital upfront to make returns worth your while with all the new lending requirements. 

On the food side of things, we have a meat packing plant that became a COVID-19 hot spot.

I do not need Air BnB policing my cleaning practices.