With 4 units there is probably some common electric you will be charged for.

Hello Mark,Real estate is the common person's path to financial independence.

I've read that a 2-3% annual increase is common and would probably land there once I get closer to market rates, but I'm so far below those right now that I'd never close the gap with that.

“Common every day Franciscon’s” living in 8 figure homes.

Tracking vacancy (and Loss to Lease) is common practice on commercial P&Ls. 

As I understand though, balloons are common in CRE?

Completion of unit and common area upgrades resulting in significantly increased rents.

Most of the common issues to scaling from where you are to the next level is $$ so if that is NOT your issue, then you really only have 1 or 2 left.

For example, if I were to buy a 1 bedroom, I would want to be in a downtown location where it is more common to have these types of units.Generally speaking, right now SFR is where tenants want to be.  

Investing in a syndication with 1031 funds is possible through a TIC (tenant-in-common) structure, which essentially is a partnership with the syndication.