If they cannot afford the new rent and intend to leave, tell them you will reduce the increase initially if they give you access to work on it.

The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.

Would love some feedback before I make the initial buy in. 

My initial capital is anywhere between 8k and 12k

Would an Initial Interest Only Period work? 

You need to see the full "before and after":The initial purchase price and location.The budgeted rehab vs. the final rehab cost.The original ARV (After Repair Value) estimate.The final appraisal value.The final refinanced loan (what was the LTV, interest rate, and did the investor pull all their cash out?).

On the other hand, a multi-family property (MF) could provide higher income potential and diversification of tenant risk, though it may require more intensive management and a larger initial investment.Think about the real estate market trends in your area and the potential for property appreciation.

An example will illustrate the consequence.Suppose you purchase a property with an initial cash flow of $1,000 per month.

I have never heard this discussed on the BP podcast.I also reached out to their team to learn more and they are charging approximately $5,000 initially and $400 a month after that to be a part of their mastermind program. 

It is sometimes hard to compete.I also bought some great cashflowing deals (PTIA over 2.3) that have a low appraised value, making it harder to extract my initial capital contribution (so the money is parked, making it harder to scale than I anticipated)My goal remains to scale:I still seek mentorship, better systems, new ways to source deals, more connections, and better contractors.I hope Bigger Pockets continues to be the place to help fill these gaps. \8999999999