As an investor in syndications and a fund manager, I can see both sides of some of these issues.

Plus, @Chris Seveney mentioned that a lender might take issue with the transfer, which is usually their right (see the bajillion posts on "due on sale" on here).

I believe this social media post summarizes most who entered the multi-family space as syndicators in recent years. 

Hi @Rehaan KhanWe just purchased a primary residence as first time home buyers in Dayton and one thing I would be wary of is foundation issues.

The biggest issue is often understanding rent, it is often underestimated.

At least then they don't drive you crazy with nonsense issues, probably of their making. 

It has never been an issue deterring tenants with good credit scores.

Hi Angel, Most of the small multi family in centrally located in Houston.

For example, I've seen where a hobbyist investor/developer works on project, they hire an engineer and/or architect, but they ended up missing something vital, i.e. drainage issues, environmental, fire dept review, planning the wrong type of product for that market (buyer & renter demographic), etc.

But, a basement poses some unique issues.