When you pull out the 75% value (which in your example is $150k) and use that to pay off your initial $100k investment and $50k renovation costs, you’re breaking even in terms of cash.

We have about $30k of net cash flow from our 2 active properties - 1 short term, 1 mid term.

There are usually terms explaining what happens if seller can’t perform.

I am always open to potential deals or partners who want to get into small multifamily development with a long-term goal of commercial investing. 

Document the Issues: Keep detailed records of the disturbances, including dates, times, and nature of the incidents.

-If you do a long term rental, how do you pay back the hard money lender/private lender (if you use one)?

Whether it says Passive LP, creative financing, fix and flipping, notes, Short Term Rentals, seller financing  etc - I am at the bottom - I can scream no but I far too often hear stories of people quitting their job to pursue real estate and then end up very unsuccessful. 

The details - Unit A value of $1.65M / mtg of $400K @ 3.25% (balloon in 6 yrs).

These loans are what is working in this high rate, low Long term rent environment.

Like you mentioned, be aware of the short-term rental regulations through the city but also pay close attention if there is an HOA.