@Jose Pena I would use it to cover renovation costs, especially it they had rewards attached to them and I had multiple solid exit strategies.

So getting a clear picture of the distinction would be helpful.     

Im willing to do whatever takes, I guess my biggest worry is that when expenses arise I wont be able to cover them.

Overall looks good in pictures. 

It gives a nice picture for "what if" scenarios.That said, if you are interested, you can always ask your Sponsor if they do have a sensitivity analysis that maybe they just didn't share in the original deal deck.

Most MF properties rent does not cover outgo unless you have adequate down payment. 

Even the properties that have lots of pictures that makes you feel like your at the property.

In many markets, I think we are are the top of the market and it gets riskier assuming that prices will simply keep going up to cover all those fancy things you want to put into a house you will never live in.

paying recapture is the most NON talked about event on BP or in real estate.. and why when folks talk about buying for only cash flow and appreciation IE speculation or gambling those folks totally miss the point and do not have a full picture of the Lifecyle of a real estate investment.. if you have NO appreciation your recapture tax is going to eat into your IRR in a negative manner.and for a lot of folks to 1031 one little house with 20k coming out of it is hard to do.. since the house never went up.. the other thing is people that say they are buy and hold forever.. this rarely happens.. life happens life changes.. and so 7 to 10 years down the track MOST folks unless they have decided to make it their lifes work IE be a full time professional landlord.. they sell .and then that pesky recapture they never knew about or thought about bites them .. :) 

I have found that I haven't been able to fully cover the cost of the house based on our VRBO and AirBnB listing of the property, but it has been close so I just figure my usage, which is about once a month, I am basically paying for.Here is how I analyzed what I could afford.