You can easily see 20%+ Cash on Cash returns on the STRs but it is constant messages, turnovers, and inventory of toiletries.

It is a 6-plex but with the existing building size, I could easily add 2 units, but cutting the size of the larger units. 

If they are professional, they can explain this quickly and easily.

This building was easily able to be turned into a 2,200 SF SFR by combining the units and still preserving the historic exterior.

Take a look at whatever is feasible for you to buy and then case by case, evaluate cash on cash return. 

I also am realizing how valuable it is to live in the property you will be renting, because there are a lot of little things that need attention and hide easily, so they may go overlooked.

BUT, if you want to scale, evaluate the properties with a property manager in the analysis, because eventually, unless you start a PM company, you won't be Able to keep up with the daily maintenance and continue to acquire more units.Good luck.

Personal Credit, you can usually bring on another person easily if credit is an issue.

Since I am doing a house hack, I am fine with that, due to that I can easily carry the negative balance myself. 

An SDSU student can easily do this math, but I will do it $1.9K * 10 year * 12 months/year = $228K of appreciation.