Since the assumable financing and seller carry combined could put a strain on your monthly expenses, it’s important to model different scenarios for vacancy, maintenance, and management costs.

I just think it is important for consumers to realize that they cannot use Handymen for everything (of course depending on their state as you say).And yes, better to jump in and get going.

It is VERY important for all of us including BP to constantly raise the bar in our industry and stand guard at the door of our wallets so we all can literally have bigger pockets!

I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example). 

You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!

It's critically important to make sure you know the exact zoning in regards to minimum stay requirements before you go too deep into a property.

I think the most important thing would be to have a strong contract in place and to have done thorough due diligence on the front end prior to signing up a contractor.

When you take all five together they should paint a picture, but I also mentioned your gut is important (not your emotions).

However, it's important to note that this is only applicable within the city limits.

Why is this important?