MF hedges against market shifts and cap ex. also doors are a multiplier X so if i have 100 units under 1 roof and 1 of my tenants moves out and trashes the place well thats only 1% of my expense.. as opposed to 1 SFR which would be 100% of my expense.. the only aspect I could potentially agree with is the liquidity.. but lets start off with IF you are investing in holding real estate then you SHOULD be holding LONG TERM. so liquidity is only a tertiary calculation.

The property will still cash flow with the extra cost of these expenses. 

@Nicholas BetancourtYes, a separate bank and separate credit and debit cards will help with tracking income and expenses and will help with tax return preparation. 

They require a lot more hands on care and this could put extra stress on you if you are not local.

Ask them the requirements for a permanent or temporary residence and any short term (less than 30 days) or long term rental restrictions. 

., and want to expand (meaning the new (in the future) investment returns more than 7.35 percent), consider paying down your most expensive mortgage now, and arranging a portfolio second mortgage (or even first) on all of your current properties to tap the equity in them for your next acquisition.  

What is the process that requires me to be licensed with FINRA.

The bank is now requiring the following two things from me:  (1) That there be an Anti-Money Laundering (AML) Program in place

Chicago is MIXED BAG of general contractors and architects PLEASE be sure not to rush or use the cheap guys...one of my favorite sayings (that I have learned the hard way):"BEING CHEAP IS EXPENSIVE"  

So a project's capital requirement goes deeper than the down payment.