Meaning, the competition is fierce and unless you are proven with cash ready.....get in line.  4) Renting $500 to $800 units in MF apartments attracts the highest quality tenants out there who will take care of your unit without fail. 

Friends...can you please suggest which will be best bet Condo/Patio/SFH for rental ? 

Bottom line you can make money almost anywhere if you purchase for the right price. 

I think house hacking first is your best bet.

But with this kind of negative cash flow, you are betting that appreciation is growing more rapidly than the interest you're paying--just to beat putting $900/mo in a savings account.On top of that, you're still in the window where you call sell this tax free using the primary residence exemption.Using the $80K on a $350-400K multi or two $200K homes on a 30 year fixed will provide the same appreciation while having someone but you pay off the mortgage.

Do you know if USBANK supports reducing the line amount, I any way plan to sell the first home so I just need enough heloc to give the down payment.

Your best bet might be calling around to some local banks (portfolio lenders have flexible underwriting) and seeing what they will require to get a commercial loan on multi family properties. 

Such a pain and it’s not like the government will come in down the line and pave sidewalks at this property. 

It still takes a lot of work but it is better than going line by line of your absentee owner list.

.;)Boy I bet you feel really stupid now huh..And it is not about how many visitors you get pumpkin.