Does 1% Rule apply to multifamily?

[Tanya Smith]

Hey all!!  I am trying to analyze a few apartment complexes all around 24-36 units. My question(s) as you can see from above is "does the 1% rule apply when analyzing apartment buildings???" What are the main numbers you all look at when analyzing an apartment building? I know a lot of you can look at a deal and can tell if it's worth diving in deeper or not within seconds so what numbers are you able to see right away that help you do this?