And if I can return the favor at all, please ask away.  

I am fairly new to BP so I feel bad asking for a favor when I haven't contributed anything to the cause.

Local banks are all about relationships (meaning your deposits), terms become more favorable when they have your banking business. 

You claim it as income because that is what it is, not claim it this year because the expense ratio works out in your favor but not in past or future years because it doesn't.

If you leverage that 300k, the numbers could definitely work out in your favor.

.$250-350k is going to be your sweet spot for multifamily, as the rents vs. mortgage payment will be favorable enough to provide some minor cash flow for you or at least be living there for next to nothing.

M2M in the case of bad tenants only favors the landlord.

I do get a little bit too excited when I see a well designed strip center J Now I do both commercial and residential (investments, not personal purchases for the most part), and I have to say, that from a risk/benefit standpoint, I personally still favor commercial if you have the capital to make it work.

However, as I'm sure you've already read, there are plenty of so-called turnkey providers that aren't exactly doing the niche any favors.

However, more units means more people, and people require work.One last point I'll make that is not in favor of multifamily which I believe is not talked about enough, is the mindset of the tenant.