Using floating rate debt at very high leverage and with little to no experience operating a complex property such as multifamily is a recipe for disaster. 

Investment Info:
Single-family residence buy & hold investment in Suffolk.

Purchase price: $90,000

Cash invested: $5,000

This property was my first BRRRR. I bought it at auction, rehabbed it wi...

I became interested in real estate in fall 2023.As of early 2024, I don't have direct real estate experience, but I'm excited to learn from seasoned professionals and successful investors.My long-term goal is to be a buy-and-hold investor of multiple properties and to set myself up for a wonderful retirement.Let's connect!

Thus, based on my experience you tend to overpay for multifamily properties versus SFR's.

I have no experience for this.  

https://www.biggerpockets.com/forums/92/topics/1162779-rent-to-retirement-academy-experience?

There is a 10 year waiting list to get a voucher, so in my experience the tenant isn't likely to muck it up with unauthorized pets, guests, etcYou can eliminate 3x rent since the applicant will have a voucher.  

Hello everyone, I am a new landlord with little experience and wanted to get some insight on a rent increase I am planning on my rental home. 

In my own experience that is never a good situation.

I know from experience.