Larger deals tend to trade in retail at higher cap rates.What you need to decide is how long you want your money tied up into a deal (their exit strategy), and how much you want to place, and if you get cash flow right away, partial, or none until certain metrics are hit.As an example you might get 8% preferred return but upside might be more marginal than a small retail turn around deal where exit is in 2 to 3 years and equity multiple is likely much higher for overall return.

Cap rates, location, and understanding the cost per door alongside your mechanicals and capex is going to be key when buying multi-family. 

They have been dumbing down the country the past fifty years, and you see the result, even with our elected officials.It sounds cool to cap rents, but are they going to cap expenses too.

Currently in escrow on a townhouse (cap rate ~ 5.25%). 

My DTI is off, if this rental income is not considered.Second catch, I had Cap-Ex on the Triplex and another property which I bought in ruin and stabilized, last tax year.

Cap rate buyer: 6% Gross yield buyer: Around 12%Percent rule buyer: 1% of purchase price min should be the rent valueAll in % buyer: 75% ARV

I find the cap rates for these to be very compressed on the West coast.. and can be very high out in the mid west deep south..

That is -$300 without including cap ex reserves or maintenance.

MF cap rates in this market may rank higher than other markets, in general, or they could have been referring to just within the city limits.

In US MF def. cap rate is 4.5%To achieve DSCR 1.2 (best rate) with 4% cap one should give downpayment of 30-35%.