Would you happen to know an effective way to get in touch with a local mentor as well advice on how I can add value to them while being new, inexperienced and low revenue?

And that loan (and the loss of the second revenue from the side you have to live in)  could also affect your qualifying for another investment loan.

Cash is not the biggest hurdle to get into multifamily.

My biggest fear is not failing the deal as I will take every conservation precaution as I learn the industry. 

The city didn't want to give up tax revenue.

That being said, my biggest fear is not having the capital to purchase rentals, but I’m currently reading Brandon’s book on buying renting properties for low or no money down and it’s easing my worries about feeling to need money to buy property

What were some of your biggest challenges?

Especially in a business like real estate where so many are trying to get the biggest piece of pie they can with little regard for the others (not always the case of course). 

My biggest questions are when does diminishing return occur.Price vs Sleep Capacity1 bed / 1 bath vs 2 bed 1 bath vs 3 bed 3 bath.

Former LOs generally know enough to be their own biggest enemy. :)Rental income from long term traditional tenants can be counted, in some form or another, in all scenarios where you're being honest on all paperwork.