Background:In the Class Action Complaint (linked below) the Judge accused the NAR of fixing prices and states, "For decades, home buyers across America have been unwittingly paying too much for, and receiving too little from, services offered to them by real estate agent members of NAR.Despite agent representations (which NAR permits and encourages) that such services do not cost home buyers anything, home buyers in fact pay a hefty cost for these services—namely,  supracompetitive commissions at levels fixed by the Defendants, which in turn lead to higher home prices paid by buyers...as part of their membership, brokers must also agree to follow NAR’s rules, practices, and guidelines.

So the windows would be much less with this option.Just not sure if there is advantage in going with first option since I will have renters and any issues with windows are covered under warranty,Thanks for feedback.April in Georgia

As long as you're doing longterm leases and you vett tenants well, HOA shouldn't be an issue.

So, also yes, affordability is a real issue for a lot of people. 

Every time I rent to individuals less than that there are delinquent payment issues.

The whole Lady bird/FHA thing can have some hiccups and going FHA for your parent’s home will cause issues with you getting the next FHA home.Instead do a gift of Equity going Fannie Mae 5% down (use the gift of equity) to cover and for any closing costs.

Some people say multi families are harder to sell than single family houses because the buyer pool isn’t as big but I keep my properties in tip top condition and I just don’t see that as being an issue.

Better to lose some rent than to have a significant issue with a tenant that would have the protections of a long term renter.   

No pets means no pets.I usually explain to the tenants that it is an insurance issue.

Bryce Muller posted a link to a site he made that addresses some of those issues at https://www.biggerpockets.com/forums/921/topics/1174578-migr...