Metrics for buying and managing Multi-Family Buildings

[Brian Noel]

Does anyone have any good metrics that i can get/ use for Multi-Family Buildings. I need to understand what are the typical percentages that should be allowed for Reserves, Taxes, Vacancies, Maint & Repairs, Prop Management, other operating expenses.  What is a good rule of thumb for all in Op Expenses before you determine your Net Cashflow ?  Thanks, Brian 

[Omar Khan]

@Brian Noel All these rules of thumb are different for each market/submarket. What works in South Dallas doesn't fly in North Dallas. Similarly, "rules" that apply in Cali are not even close to those in TX or FL.

Would be helpful if you provided location, size / type of property and demographics.