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Is the 1% rule useful in Multi Family analysis?
As an investor looking to obtain my first multi family home, I have a couple questions pertaining to how I would go about analyzing MFH for a proper cash flow. I was recently listening to a podcast and heard that the multi family analysis is too complexed to just use the 1% rule. My question is for the investors of MFH,
How do you analyze you MFH for cash flow?
Do you seek 1%, 1.5%, or 2%?
What other factors do you account for in MFH that you can overlook on a SFR?
Do you find MFR to be harder to manage that SFR?