Deal Analysis for Multi Home Situation

[Rick Turman]

Good morning BP Brothers and Sisters,

I may be pulling the trigger on a packaged deal for 9 units (4 Duplex and 1 SFR) and 2 lots of land however wanted to get your take on how to analyze the deal. I'm used to the 4 square method and or the BP Calculators on here however can they be used in calculating multiple homes in 1 deal? Should I treat the deal as 1 mortgage as in reality it would be? My thoughts are I would have 1 PM cover all, still account for Cap-Ex, Expenses, Vacancies, etc. Am I approaching this the correct way or should I be separating these out as each home would get it's own Cap-Ex, Expenses, and Vacancies? Thank you kindly guys and looking forward to your responses!