Hi @Pat Leri I think those do seem like your best possible options.

Investment Info:Small multi-family (2-4 units) commercial investment investment.

I wish AT&T had a "multi-account" function.

I want to replace my income within a reasonable timeframe, so I'm looking at a syndication mentorship with a "guru" who claims I'll close my first syndication deal on a commercial multi-family property within 6 to 12 months.

I have lender financing options: 75% LTV, 30yr fixedA common strategy is what you wrote.

Hey BP Family, I'd love your insight on this.I'm currently weighing two intriguing options: house-hacking a 4-plex or venturing into the realm of MTR with a single-family home or duplex, particularly for renting to travel nurses.

When you start talking larger multi family properties and commercial buildings (office, retail, industrial) then cap rates become a much bigger factor. 

I have a few options:1) raise the rents without touching the property (cash flow could then be around 1,500$/month 2) update the units (estimated 50,000$) and then (cash flow around 3,000$/month)2) update the units and do medium term rentals (cash flow around 4,500-5,000$/month)I'm also having trouble kicking the current tenants out with how bad our housing situation is as well as homelessness.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Consider the diverse financing options available, including 30-year mortgages, fixs & flips, cash-outs refinance, ground-up constructions, And commercial properties?.