I was ok with that and got a significantly lower intro rate (over a point lower than anywhere else). 

I think multi-family is lower risk in general if you have a larger number of units.

I would like to refi to lower my payment and dump PMI.

Social workers investing in real estate can operate a secont chance business.There are lower risk fish in the sea.

Let's assume an 800-900 sqft condo.Property management - maybe 8-10%Expenses - Very tough for me to estimate, would love to see some sample models from peopleVacancy - would probably just assume ~ 8% or 1 month of rentCapex - Since HOA would probably cover roof/exterior type deals, capex here would likely be just bigger items like HVAC, water heater, Q1:  Per above, I assume capex is generally lower when HOA fees cover some of those items?

This will allow you to rent out the lower portion and maximize income for the space. 

Go onto GoSection8.com in your area and advertise the unit for rent.....they will call you very quickly.......screen the tenants carefully...you want to advertise a little above market rate because Section8 may or may not give you market rate but it's best to start a little high and have them tell you that they will pay you a little lower amount than to start low and have them go even lower on you.....I have section 8 rentals in Ohio and California.

JACKPOT I thought.

The good news is that you can certainly find a handyman who will replace your windows with vinyl DIY windows from Home Depot or Lowes for a much lower cost.

Ultimately, it's going to depend on your investment goals and strategy.For example, if I'm working with someone in the Sacramento market, it's probably going to be a Bay Area investor who'd like to invest in a market with good appreciation and rent growth, but is still located in California, and is lower priced than Bay Area where most deals don't make sense on paper... too pricey.But if it's Phoenix, Scottsdale or Tempe we're talking about, it might be someone looking to AirBnb / VRBO a small condo in a hot part of town.