The cost to maintain them probably wouldn’t be exactly 8x as compared to the single 8-unit, but it sure as hell isn’t a 1-to-1 ratio either. 

I currently work as a Pipefitter (think plumbing but on industrial steroids).

Investing in Peoria sounds intriguing, especially since you’re drawn to the area and its industrial charm.

@Ryan Cousins it's really going to depend on YOUR analysis/projections of what you think the property will be worth in the future.You'll want to compare that to any capital gains tax-savings if you sell now.

I am new to real estate investing and eager to learn more about the industry.

For my screening criteria - income from all financially responsible applicants is combined and compared to rent.

I recommend comparing lenders to make sure you get some good terms and financing options for your next investment!

There is usually not much that compares with what we offer, so we only compete apples to oranges, so incentives are not a good tool for us.The types of tenants we want (multi year) also respond better to an adjustment in rent than an incentive.

Operating in an industry where "we track time," I can offer a few hopefully helpful tips:1.

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.