I have been a lurker on here for years and have utilized BP for road trips, kept me awake and put my wife to sleep.Purchased three units over the last three years, all cash flowing.

Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.

If yes, any key learnings or considerations? 

@Tony & Andrea Stephan: What would you say is the average monthly cash flow, before property management expences per property?

The property I was doing it in cash flows $7000/month so I will keep cash flowing until a deal comes along and then resurrect the refi.

You would scale very slowly based on Cash Flow versus Developer profit.F. 

Quote from @Lataw Bawknaw: 7720 Rock Creek Way, Sacramento, CA 95824 Hi Lataw: No the property will not cash flow or support a 75 percent refinance.

I think cash flow is tough to find in NWA. 

Have your daughter look at the Neighborhood Assistance Corporation of America (NACA) program.NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.

I initially wanted to convert to a 3-family but cash flow has been pretty good and have been putting off major renovations in favor of other projects.