Quote from @John Williams: Has anyone been on the lender side of private money and had a bad experience that they are willing to share?

I will be quick to admit I have only had experiences with small rentals (6 units and smaller) so if you are looking for help on larger apartment complexes I would not be a great resource.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

I'm looking to not only share my experiences but also offer my services to those who might need them.

I"ve rented to students and it's mostly been a good experience.

@Chris Lounsbury @Dawid Yhisreal @Pete Tredwell @Moises R CosmeI want to thank each of you for sharing your experience.

Great that you have experience rehabbing. 

Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements?

Though, it would be interesting to hear the experience of others here with the group. 

You can't go to Vegas and expect to be reimbursed for your gambling losses.