So the trick is how to identify and market buyers are willing to pay higher interest (in the 10% range), with ability to invest a substantial down payment (equity lowers risk for your note buyer) and with sound enough work history that you believe they'll continue to make payments.

That's a substantial investment of capital and in some markets it doesn't make any since.

For a true investment multi-family you will likely need to secure large commercial funding - a direction I am considering as well for our next moves though the down payment and loan will be substantial.

I think buying a truck when you own three rental properties is hard to substantiate the need.

Hold 5% for 2 weeks after substantial completion to keep them motivated if they need to come back and fix something. 

It allows you to write off or defer a substantial portion of the money that is made through the property.

Rent appreciation is also substantial.

We have been looking for a mid-size multi (4 and up) since then without luck as prices have been bidden up substantially in the intervening years. 

EMPLOYMENT: Unfortunately, lending guidelines influenced by the pandemic make the approval process harder for self-employed/hourly workers. 

My 2 year goal is to find distressed single family and duplex properties for flip and hold using the BRRRR strategy. 2-3 per year.Property values have been rising substantially year over year (great for my equity!)