Also, our property is 10x the size of most in the city at 1.75 acres.

When I did underwriting, since a portion of the insurance costs and property taxes are collected at closing, I reduced those from the first year of expenses.

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Most S8 tenants now have to pay a portion of their rent.

I am basically end up ina  nice size apartment with yard for about $500 after top unit goes towards the mortgage. 

Different portions of land and building might be subject to different tax rates or legal considerations.Calculating land and building values for tax purposes is a critical step toward maximizing your available tax deductions from depreciation.

You'll get mom and pops that still think it's 4% or 5% regardless of deal size, but that's a lot more rare these days.

If you do STR, size doesn't matter *as much* as MTR or especially LTR.

You certainly would not want to allocated 10 units equally if number of residents and size were unique IMO.Here's a helpful link for those new to the concept:http://www.multifamilyutility.com/rubs.html

The homes are also priced well for the size, and it sounds like you like big homes that can stretch your money.