If not, it would be considered a rooming house.There are fewer companies who want to insure a rooming house and the insurance doubles in cost compared to the exact same building with kitchens.

It’s more dangerous when such advice gives you a benefit, which makes you want to believe it. 

The second scenario would result in fewer mortgaged properties and would increase the cash on cash return of the portfolio as a whole, but if you look at the mortgaged properties individually they may each have negative cash flow.I guess this is essentially what I'm trying to figure out/decide.

Terrifying and dangerous stuff. 

However, it seems more often than not the areas in higher rental demand and higher rents have typically more competition and more units available, and the areas of lower demand and somewhat lower rents have fewer competing units. 

We have noticed that we get fewer mail leads but they are higher quality.

Commercial can be lucrative but it is much harder to break into and the checks are fewer and farther in between (at least at first. they are also larger though). 

The danger is that you typically don't know how they are as a business partner.

Deals are there but fewer.

While the offers may seem low by house wholesaler or BRRR strategy offers, vacant land has fewer exits and typically more deed/title problems.