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Updated about 15 years ago,
Looking at a deal
249900 8 units
3 @ 375
1 @ 400
2 @ 450
1 @ 475
1 @ 650
42600/12= 3550
3550 * .5= 1775
20 down at 6.5% payments are 1330
cash flow per door 55.63
been on market from early 2007 and has been lowered in price from 279900 completely renovated no capital expenditure(I would varify this)
BUT property is out of town owner and I think I could get better terms than crappy conventional financing and/or lower purchase price